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  #5  
Old 02-21-2005, 07:06 AM
Wancheck
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Default Re: Living in NJ and working in NYC

New Jersey also has a state EITC, which is 20% of the
federal EITC amount. However, the state EITC is restricted
to workers claiming a child for the federal EITC who earn
less than $20,000.

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  #4  
Old 02-21-2005, 06:47 AM
Katie
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Default Re: Living in NJ and working in NYC

pattiec wrote:

- quote -

> I live in NJ and work part-time in NYC. I know I have to
> file a NY tax return in addition to the federal return. My
> question is: Am I eligible for the EIC? Is the EIC only
> applicable to NY residents?


The NY EITC is available to nonresidents. It is limited to
the NY tax liability (including the supplemental tax
relating to tax table benefit recapture) reduced by the
household credit, credit for child and dependent care, and
excess deductions credit. N.Y. Tax Law Sec. 606(d)(3).

Just follow the form instructions.

Katie in San Diego

The foregoing is intended for educational purposes only and
does not constitute legal or professional advice.

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  #3  
Old 02-18-2005, 10:55 AM
PeteC36
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Default Re: Living in NJ and working in NYC

"David Woods, EA, ChFC, CLU" <dwoods[at]woods-financial.com> wrote:
- quote -

> "pattiec" <pcarb[at]optonline.net> wrote:

> > I live in NJ and work part-time in NYC. I know I have to
> > file a NY tax return in addition to the federal return. My
> > question is: Am I eligible for the EIC? Is the EIC only
> > applicable to NY residents?


> EIC has nothing to do with what states you file in. I'm not
> sure why you thought it did.


EITC is a credit in the state filing based on the Fed EITC.
In NY I belive it is ~ 30% of the Fed amount. I would guess
it is only applicable in the resident state.

PeteC
TEC/VITA

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  #2  
Old 02-17-2005, 01:12 AM
pattiec
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Default Re: Living in NJ and working in NYC

I guess my original question was unclear. I'm wondering if
the New York Earned Income Credit is only available to NY
residents, or if as a non-resident I still qualify. Sorry
for the confusion and thanks for any info on this.

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  #1  
Old 02-15-2005, 07:25 AM
David Woods, EA, ChFC, CLU
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Default Re: Living in NJ and working in NYC

"pattiec" <pcarb[at]optonline.net> wrote:

- quote -

> I live in NJ and work part-time in NYC. I know I have to
> file a NY tax return in addition to the federal return. My
> question is: Am I eligible for the EIC? Is the EIC only
> applicable to NY residents?


EIC has nothing to do with what states you file in. I'm not
sure why you thought it did.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

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Old 02-15-2005, 05:30 AM
Thomas Healy
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Default Re: Living in NJ and working in NYC

"pattiec" <pcarb[at]optonline.net> wrote:

- quote -

> I live in NJ and work part-time in NYC. I know I have to
> file a NY tax return in addition to the federal return. My
> question is: Am I eligible for the EIC? Is the EIC only
> applicable to NY residents?


The EIC is a federal credit; you haven't given us nearly
enough information to judge if your are eligible. But you
need to be starving if you don't have kids. Then you only
need to be nearly starving.

--
Tom Healy, CPA
Boulder, CO
Web: http://www.tomhealycpa.com

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  #-1  
Old 02-13-2005, 11:50 PM
pattiec
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Posts: n/a
Default Living in NJ and working in NYC

I live in NJ and work part-time in NYC. I know I have to
file a NY tax return in addition to the federal return. My
question is: Am I eligible for the EIC? Is the EIC only
applicable to NY residents?

Thanks.

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