Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
P
pazogue
January 28, 2024
Question

What do I enter in the box regarding NJ tuition deduction?

  • January 28, 2024
  • 1 reply
  • 0 views
No text available

1 reply

AmyC
AmyC
Employee
January 30, 2024

It depends on your situation. If your 2023 gross income is $200,000 or less, you can now deduct: 

 

• Up to $10,000 of contributions made to a New Jersey Better Educational Savings Trust (NJBEST) college savings account during the year; 

• Up to $2,500 of principal and interest paid on student loans during the year under the New Jersey College Loans to Assist State Students (NJCLASS) program; and/or 

• Up to $10,000 for tuition costs if you, your spouse, or your dependent enroll in, or attend, a New Jersey institution of higher education.

 

Related: NJ Division of Taxation - New Jersey College Affordability Act

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsCookie settingsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification