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Lawmakers look to expand student tax deduction program

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Lawmakers want to expand the student tax deduction program by raising the age parents can claim their kids as dependents from 22 to 25 years old.

The sponsors, including Assemblyman Kevin Rooney, R-40th District, said the change would be necessary given many students take longer than four years to earn a bachelor's degree, meaning many graduate after they turn 22.

“Paying college tuition isn't cheap,” Rooney said in a prepared statement. “It takes many students more than four years to finish, and time is money – especially for parents who are footing the bill while their son or daughter lives at home.”

The measure, Assembly Bill 4356, calls for parents to be able to deduct $1,000 on their state income tax returns if they pay more than half the tuition bill and the student is full-time.

The bill is also sponsored by Assemblyman Gordon Johnson, D-37th District, and Assemblyman Christopher DePhillips, R-40th District.

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Daniel J. Munoz

Daniel J. Munoz


Daniel Munoz covers politics and state government for NJBIZ. You can contact him at dmunoz@njbiz.com.

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