- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The reason NYC is asking the question is that student loan interest is an income adjustment. In the allocation screen, it is asking you if you wish to allocate this adjustment to NYC. You would only allocate the portion of the adjustment while to were a resident of NYC. To allocate it properly, you would take the total amount of the student loan interest and divide by 12 to get that one month's interest amount while living in NYC.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 30, 2020
11:33 AM