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February 4, 2025
Question

For "New Jersey Institution of Higher Education Tuition" deduction, do I deduct the amount I paid along with scholarship and grants or only what I paid out of pocket?

  • February 4, 2025
  • 1 reply
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    February 4, 2025

    You can only deduct what you paid out of pocket for tuition costs. Amounts covered by scholarships or grants are not deductible.

     

    For additional information from the NJ Division of Taxation, you can visit their website