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Sign on Bonus question

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  • Sign on Bonus question

    Hello everyone, I had a state specific question.

    I'm moving from NY state to Texas later this year. I am currently an attending receiving W2 in NY and plan to become an IC in Texas. There will be a sign-on bonus of about 30-40k and I was wondering if I should ask for it to land on my January 2018 paycheck in order to avoid the NY state income taxes. Does NYS have a right to tax any income I make in another state when I don't live there? If you guys could help clarify this for me, I would greatly appreciate it. Thanks and have a great week!

  • #2
    To avoid taxation, you need to both reside and work in TX when you receive your sign-on bonus.
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