{"data":{"id":"us-nj/n.j.-stat.-54a-3-13","jurisdiction":"us-nj","citation":"N.J. Stat. § 54A:3-13","heading":"Allowable deduction in the amount of student loan principal, interest payments.","body":"4.\tA 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.\nL.2021, c.128, s.4.","path":["TITLE 54A NEW JERSEY GROSS INCOME TAX ACT"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"3f097889a2fd5c9fa077b0d174833def4f4621cce295dca10b962bcda9ceb72f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54a-3-12","next":"us-nj/n.j.-stat.-54a-3-14"},"notice":"GroundRules: Original legal text. Not legal advice."}