N.J. Stat. § 54A:3-13

Current through L. 2023, c. 320.
Section 54A:3-13 - Allowable deduction in the amount of student loan principal, interest payments

A taxpayer with gross income of $200,000 or less shall be allowed a deduction, not to exceed $2,500, from the taxpayer's gross income for the taxable year in the amount of principal and interest payments paid on a student loan under the New Jersey College Loans to Assist State Students Loan Program established pursuant to N.J.S. 18A:71C-21.

N.J.S. § 54A:3-13

Added by L. 2021, c. 128,s. 4, eff. 6/29/2021.
See L. 2021, c. 128, s. 8.