So,
I put all of my information into turbo tax and before any student loan interest write offs my return was say ~800 federal, owed NY 50 and MA 50.
I got to the section where you put in student loan interest paid. I put in my first loan which interest already covered the 2500 dollar credit I am allowed. My federal went up to ~1300, NY OWED me 60 and MA OWED me 50.
Even though I already hit the max possible interest write off, I put in the next loan. For some reason, I owed NY and MA money again, even though nothing changed except I put in that i paid more money to student loan interest. What is up with this? Isnt writing off student loans optional? Cant i just leave it where it benefits me the most?
I'm not sure what to do.
Submitted January 24, 2017 at 11:45AM by dylandotts http://ift.tt/2jNJFOq
