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Subject:  deducting student loan interest on state taxes? Date:  4/8/2002  11:19 PM
Author:  dcleaver Number:  60116 of 127753

here's the scenario: i file taxes in three states: massachusetts, new york, and rhode island. i was a full year massachusetts resident, and am filing non-resident forms in new york and rhode island. i completed my mass forms online using turbo-tax, and it seems that my student loan interest was used to adjust my massachusetts taxable income.

here's my question: can i deduct my student loan interest from my rhode island and new york taxable income? the instructions are somewhat hazy. basically, both new york and rhode island instruct me to "deduct that portion of your federal deduction that applies to income earned from ___________ (insert state here)."

i'm assuming that the massachusetts instructions said something similar, and that turbo tax rightly subtracted my student loan interest from my taxable massachusetts income.

so should i go ahead and subtract my student loan interest from my state based income, or leave it out?

any and all advice sincerely appreciated.

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