My wife just began working as a contractor/consultant for a New York company. She is stationed on-site at a large internet company in Virginia (where we live). Her NY company apparently is not set up to pay taxes in Virginia, and is taking out NY taxes from her paycheck. I've briefly reviewed some VA tax forms and it seems like there is a reciprocal arrangement between VA and NY where she can claim that she paid NY taxes and we won't owe VA taxes on her income. Is this correct? Is there a cap on the amount taxes that can be addressed by this type of arrangement? Any other pitfalls for us to be aware of?I greatly appreciate any insights you may have.Thanks.Sincerely,Ulti.
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