I live in NJ and due to COVID, I was out of work since 3/2020. I work in NY and collected unemployment from NY state for 2020. In the state taxes, I'm stuck at the NY Allocation step. When it shows the Dividends, Interest and Unemployment Compensation with the Federal amounts, do I have to allocate the full amount of the unemployment compensation in the NY input field or do I leave it as '0'?
Thanks!
You'll need to sign in or create an account to connect with an expert.
Yes, if the Unemployment was from working a job in New York state, you must allocate it as New York source income.
Yes, if the Unemployment was from working a job in New York state, you must allocate it as New York source income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
paigernicole
New Member
hook2151
New Member
Dave2802
New Member
pyx_cs13
New Member
paulzman0459
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.