New York A03333 allows taxpayers to deduct student loan interest from their federal adjusted gross income.

A03333 amends the tax law to permit a deduction for interest paid on qualified education loans. This deduction applies to the amount of interest paid by the taxpayer during the taxable year, in accordance with federal law. The amendment takes effect immediately and applies to taxable years beginning on and after January 1, 2026.

New York A03333 allows taxpayers to deduct student loan interest from their federal adjusted gross income.

A03333 amends the tax law to permit a deduction for interest paid on qualified education loans. This deduction applies to the amount of interest paid by the taxpayer during the taxable year, in accordance with federal law. The amendment takes effect immediately and applies to taxable years beginning on and after January 1, 2026.