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Just like the New Jersey devil, the infamous New Jersey double tax is a myth. You won't have to worry about paying taxes on the same income in both states if you live in New Jersey and work in New York, but you do have to file taxes correctly to make sure.
Do You Pay Double Taxes If You Work in New York and Live in New Jersey? In general, you do not pay double taxes if you work in New York City and live in New Jersey.
Note: NY and NJ do not have reciprocity. If you work in NY and live in NJ, you will need to pay NY income taxes as a non-resident and pay NJ income taxes as a resident. However, NJ residents can take a tax credit for taxes that have been paid to other jurisdictions.
The general rule is that you file taxes in the state in which you reside. If you choose to live in New Jersey and work in New York, you would file your taxes as a New Jersey resident. However, because you earn income in New York, you will also need to file taxes in that state as a non-resident.
While you do have to file taxes with New York and New Jersey, you don't have to pay double taxes. New Jersey residents will receive a tax credit on their New Jersey return for any tax paid to New York, or another state, on income earned in and taxed to both states.
