I live in Portland but work in Vancouver, WA - paycheck question?
I currently own a home in Portland and will begin my new job in Vancouver, WA next month. Will I be taxed OR income tax if I work in Vancouver in my monthly paychecks? Or will I just be taxed at the end of the year with slightly increased paychecks?
Portland - 2 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
You pay taxes to the jurisdiction you live in
Answer 2 :
Usually, your state income taxes are deducted by the jurisdiction that you earn the money in, but you file where your legal residence is, unless both states try to collect from you... Federal income taxes are collected in every state, but you might be liable for Oregon estimated state income tax payments, since WA has state sales taxes, instead of income taxes... Better to check with an experienced tax consultant early on...
I currently own a home in Portland and will begin my new job in Vancouver, WA next month. Will I be taxed OR income tax if I work in Vancouver in my monthly paychecks? Or will I just be taxed at the end of the year with slightly increased paychecks?
Portland - 2 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
You pay taxes to the jurisdiction you live in
Answer 2 :
Usually, your state income taxes are deducted by the jurisdiction that you earn the money in, but you file where your legal residence is, unless both states try to collect from you... Federal income taxes are collected in every state, but you might be liable for Oregon estimated state income tax payments, since WA has state sales taxes, instead of income taxes... Better to check with an experienced tax consultant early on...
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