NJ- you will claim the loss.
NY - it depends.
The concern is that you received money, regardless of it resulting in a loss. You must file Form IT-203 if you meet any of the following conditions:
- You have income from a New York State source (see Nonresidents: New York source income) and your New York adjusted gross income (Federal amount column) is more than your New York State standard deduction. Complete Form IT-203, lines 1 through 31 and compare the line 31 Federal amount to your standard deduction from the New York State standard deduction table.
- You want to claim a refund of any New York State, New York City, or Yonkers income taxes withheld from your pay or from your unemployment insurance benefit payments.
- You want to claim any of the New York State, New York City, or Yonkers refundable or carryover credits.
@lcchen2000
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