Larry, a single taxpayer, lived in New Jersey from January 1, 2022, until July 31, 2023, when he moved to Delaware. He received a Form W-2 from his New Jersey job, reporting $17,843 in wages for the period of time he lived there, and a Form W-2 from his Delaware job, reporting $18,647 in wages during the time he lived in Delaware. He had no other sources of income for the year. He moved to Delaware after he received his final paycheck from his New Jersey job. What amount will Larry report on his New Jersey part-year return?
He will report all of his income and make an adjustment for the amount earned in Delaware.
He will report only the income he earned in New Jersey while a resident of the state on his New Jersey return.
He will allocate his income based on how long he lived in each state.
Larry is not required to file a New Jersey return and, therefore, will report nothing to that state.