In 2023 I lived in NY the whole calendar year. However, I worked some jobs in NJ. I know I need to file in NJ (NJ 1040NR) and NY (1040). When filling out the NJ section of Interest Income and Dividend Income I am asked to "Enter the portion of the following net interest income that is attributable to New Jersey".
Do I enter the full amount as attributable to New Jersey? Or do I enter "0" and file these under NY?
I am confused if these accounts (Saving, CD interest, and Brokerage Div interest) are attributable to my resident state (NY, the address under file with these accounts) or under my nonresident state? If I file it under the nonresident state will TurboTax recognize this and will I receive a tax credit in NY, rather than be taxed twice?
*Images Below for Reference
Thank You.
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Your interest and dividend income is only taxable income in the state you resided when you received it. If you didn't live in New Jersey, none of it is New Jersey Income. If you lived in New York all year, it is all New York income. Enter zero for Net Interest Income Attributable to New Jersey.
Your interest and dividend income is only taxable income in the state you resided when you received it. If you didn't live in New Jersey, none of it is New Jersey Income. If you lived in New York all year, it is all New York income. Enter zero for Net Interest Income Attributable to New Jersey.
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