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#1 |
Senior Member
Join Date: Dec 2006
Posts: 683
Thanks: 127
Thanked 85 Times in 49 Posts
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The spending will never stop......the special interests have found a home in the school systems & municipal offices in the towns & villages all over the region. We have 50 million dollar schools going up, new police stations, new fire stations.....new this & that & everything.
Back in the day......folks in this region knew how to milk a buck.....now it's a free-for-all ! The political "Left" has figured out how to position themselves in money generating areas of our small towns & cities and gather enough votes to create small kingdoms where they drain the taxpayers to fund pensions & benefits that would make even the best paid managers in the private sector green with envy ! ________ SUZUKI BOULEVARD C109R HISTORY Last edited by Irish mist; 02-27-2011 at 10:00 PM. |
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#2 |
Senior Member
Join Date: Sep 2004
Posts: 1,254
Thanks: 423
Thanked 366 Times in 175 Posts
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Question:
I keep getting conflicting answers to this question. I am hoping for a decisive answer here. These are fictitious numbers for my example. If Mass has an 8 percent income tax and NH has a 6 percent income tax, which of these is true if I work in Mass and live in NH. A) Mass gets 8% and NH gets 0% B) NH Gets 6% and Mass gets 2% C) Other Thanks |
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#3 |
Senior Member
Join Date: Apr 2004
Location: Fairfield, CT & island vacation
Posts: 97
Thanks: 8
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I believe that None of the above is correct. The employee will fill out W-9 or the equivalent, to identify the withholding rate for each state. At the tax filing time all numbers will true up.
The math would be: Employer state collects tax and resident state collects tax. However, if there is a reciprocity between the states then the resident state would allow a credit for tax "X" paid to other "non-res" state(s) for "Y" dollars of income. In the event of non-reciprocity (I'm not positive here) I think you would allocate earnings by state so therefore, employer state would have earnings and the tax would be collected and subsequently reported via non-resident calculation. Resident state would have no income allocated and therefore no tax liability. |
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