Skip to main content
June 1, 2019
Question

How do I fill in the student loan ded on two different state filings? How do I figure the portion?

  • June 1, 2019
  • 1 reply
  • 0 views

Worked 3 months in AR and 9 months in OK.  Loan deduction is $1034 on federal, but each state asking how much was determined in the $1034.  No clue how to figure that out.  15% to AR and 85% to OK from the $1034 or is it the income I need to base the percentage on?

1 reply

June 1, 2019

No, I would base it on time spent in each state and split it 75% ($776) for Oklahoma and 25% ($258) for Arkansas.