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Restricted Stock Unit or Options -NY or NJ ?

  • 1.  Restricted Stock Unit or Options -NY or NJ ?

    Posted 06-13-2025 02:38 PM

    If a NJ resident taxpayer received an incentive (RSU or options) in 2020 while she was assigned to the NY office and it vested in 2023 when she was assigned to the NJ office, should her employer report and withhold as if she is working in NY?  The employer is Liberty Mutual, and they told her they withheld NY taxes in 2023 on the vested portion because in 2020, she was assigned to NY.

    Shouldn't this vested income in 2023 have NJ withholding taken out? 

     



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    Sheryl Rubenbauer
    EA
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
    516-987-7288
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