Hi everyone,
I made 10k trading stocks in 2024 (Short-term).
On my Federal taxes, I also have -20k Capital Loss Carryover from prior years, so I end up filing -3k deduction for 2024
Now, if I am Resident of NY, should I also report -3k Capital loss on my State taxes, or should I report 10k Capital gain instead?
And similar question for the Resident of NJ. Should I report -3k Capital loss (same as Federal) or 10k Capital Gain?
Thanks!
