- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Student Loan Interest deduction - Part time Resident Question
Alright, I have a question on how to claim part time residency student loan interest on state returns where in one state it is phased out due to too high of income.
$30K Income in AZ where I lived 70% of the year and $85K in Oregon where I lived 30%. Paid $10K of student loan interest throughout 2019. Too high of Oregon income phases out student loan interest deduction so no benefit there. Can I claim the $2500 max deduction on my AZ statement? Or do I need to claim 70% x $2500 = $1750?
Topics:
‎February 20, 2020
9:19 AM