@M-MTax Thanks for your reply, and thank you for confirming that yes, if I want to claim the losses, I must submit a return for each year I have losses that I wish to claim.
Your last statement also makes sense. If I sell the stock before I have a gain, then there is nothing I can claim against the states, and, as such, no need to file the returns.
With that, should I decide to hold onto the stock, would it make sense to simply wait to file all of the previous year tax returns for the states until I have a gain, then file everything all at once?
