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February 16, 2021
Question

Is the Federal education interest "above the line deduction" allowed on the NC State return?

  • February 16, 2021
  • 1 reply
  • 0 views
Does this deduction on the Federal return need to be entered on NC schedule S, part A, line 11?  or somewhere else?

1 reply

KrisD15
February 16, 2021

Student loan interest is allowed to stay when doing your North Carolina State return. 

No adjustments need to be taken on the NC Schedule S for student loan interest only the Tuition and Fees deduction.  

 

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