670605
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

For the Massachusetts Student Loan Interest deduction, how do you specify undergraduate interest if you've consolidated graduate and undergraduate loans?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

For the Massachusetts Student Loan Interest deduction, how do you specify undergraduate interest if you've consolidated graduate and undergraduate loans?

You have to manually apportion between the two. 

For example, if you consolidated learn is for $100,000

$25,000 for undergrad, $75,000 is for grad.

You would apportion interest paid 25% to undergrad and 75% to graduate

Massachusetts does accept approximations for this deduction.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question