Thread regarding Bank of America layoffs

Return to Office in Another State

I was told to exit the MyWork program and was assigned an office in outside my state, as there are no locations near me. I pointed out that I will now have to pay taxes in two states. My manager said "no, just because you work in an office in that state doesn't mean you will have to pay those taxes". This doesn't seem accurate to me. Anyone?

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Post ID: @OP+V1zkELH

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I live in PA and work in MD. I only pay state income where I live.

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Post ID: @fjdn+V1zkELH

My new location is 40 miles from my home. We were originally told nobody would be sent farther than 30 miles. When they saw how far people are scattered. The mileage was adjusted to 60 one way. Most locations selected will add long commutes. They don't care. We were told to get in an office or get out (quit), no severance.

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Post ID: @brga+V1zkELH

How far is your new location from your home address?

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Post ID: @aewy+V1zkELH

It does depend on the state. If you live in South Carolina and work in North Carolina, you first have to file a non-resident return for North Carolina and pay taxes. You then file your South Carolina resident return, and can claim the taxes you paid to North Carolina as a credit against any tax owed to South Carolina

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Post ID: @1dfm+V1zkELH

I live in my truck, so I don't have a fixed address.

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Post ID: @1mfr+V1zkELH

Depends on the states. Not all are reciprocal. That happened to me and it most certainly did cost me more money.

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Post ID: @1fdx+V1zkELH

Depends on the states. For example - living in NJ and working in NY, you have to file both NY and NJ tax returns. NJ gives credit for taxes paid to NY. You can end up paying higher taxes because the rules and deductions are different in each state, and end up paying the higher of the 2.

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Post ID: @1yqd+V1zkELH

You pay federal income tax (state income tax if applies) based on the location meeting the primary residency requirements for the tax filing year. Maybe you're thinking of the point of sale taxes you'll pay for things in and around your new office location, at which point you'll be funding their govt coffers. Disclaimer- i'm not a tax professional

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Post ID: @bjv+V1zkELH

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