Skip to main content
March 9, 2022
Question

Multi-State Question

  • March 9, 2022
  • 1 reply
  • 0 views

I live in New Jersey and work in New York. Do I have to file two separate income tax returns, and would I have to purchase two TurboTax softwares??? 

    1 reply

    JohnB5677
    March 9, 2022

    Yes, you would have to file two state returns.  One for your resident state of New Jersey, and a second for the state that you work in (New York).

    No, you do not have to purchase two sets of software, but you will have to pay separately for each state.

     

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    March 9, 2022

    Thank you so much, John. My cousin is going to do my taxes through TurboTax. 

     

    I have one more question. I replaced my hot water heater last year. Can I claim that as an energy saving tax deduction??? 

    JohnB5677
    March 9, 2022

    Possibly, You'll need written certification from the manufacturer that your product qualifies for the tax credit, which is typically found on the manufacturer's website or in the product’s packaging.

     

    Taxpayers should not attach this to their tax returns, but keep it on hand with your other tax records.

     

    There is a  limit for residential energy property costs in 2021 of $50 for an air circulating fan; $150 for any qualified natural gas, propane, oil furnace, or hot water boiler; and $300 for any item of energy-efficient building property.

     

     

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"