turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

Oregon Student Loan Interest deduction for a part year resident.

I'v read the explanation and doesn't make sense.
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 Best answer

Accepted Solutions

Oregon Student Loan Interest deduction for a part year resident.

What is is asking is how much to the student loan interest is for while you were a part year resident of OR.

So you have to do some math calculation.  Let's say 4 months you in OR, and paid interest on the student loan throughout the year.  Take the student loan interest paid in 2016 and multiple it by 4/12's or 1/3, and that is how much in my example would be allocated to OR.

So figure out the months and compute it.  It is an approx. amount. 

View solution in original post

1 Reply

Oregon Student Loan Interest deduction for a part year resident.

What is is asking is how much to the student loan interest is for while you were a part year resident of OR.

So you have to do some math calculation.  Let's say 4 months you in OR, and paid interest on the student loan throughout the year.  Take the student loan interest paid in 2016 and multiple it by 4/12's or 1/3, and that is how much in my example would be allocated to OR.

So figure out the months and compute it.  It is an approx. amount. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question