The New Jersey Division of Taxation Feb. 27 issued guidance on the Reciprocal Personal Income Tax Agreement between New Jersey and Pennsylvania for individual income tax purposes. The division includes information about: 1) Pennsylvania residents employed in New Jersey and New Jersey residents employed in Pennsylvania need to pay income tax only in their home state; 3) compensation means salaries, wages, tips, fees, commissions, bonuses, and any other payments received for services rendered as an employee; and 4) a New Jersey taxpayer who is self-employed or receives other income taxable in either state must file a New Jersey nonresident return .
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