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Taxing Student Loan Forgiveness (taxfoundation.org)

posted 2 years ago by NewExpertBread 2 years ago by NewExpertBread +10 / -1

States That Might Tax Student Loan Debt Cancellation

Will states consider student loan forgiveness a taxable event? In some states, the answer could be yes.

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– NewExpertBread [S] 3 points 2 years ago +3 / -0

Well, that's going to be quite a pickle for anti-workers.

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– GodBlessTheUSA22 1 point 2 years ago +1 / -0

I doubt the care. They just won’t get any money back until the takes are paid off. It could be years.

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– MudPuddlePie 1 point 2 years ago +1 / -0

They’ve been taxing SL forgiveness for a long time.

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