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Borrowers in 7 states may be taxed on their student loan cancellation

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

United statesNorth carolinaJohn brooksJared walczakColin stroudBrooks at fordham universityFordham universityMississippi department of revenueOur departmentTax foundationUs department of educationMinnesota department of revenueCarolina department of revenueUpdated septemberPresident bidenAmerican rescue plan

Student loan borrowers in 7 states may be taxed on their debt cancellation : NPR

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

United statesNorth carolinaJohn brooksJared walczakColin stroudBrooks at fordham universityFordham universityMississippi department of revenueOur departmentTax foundationUs department of educationMinnesota department of revenueCarolina department of revenuePresident bidenAmerican rescue planNorth carolina department

Borrowers in 7 states may be taxed on their student loan cancellation

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

United statesNorth carolinaJohn brooksJared walczakColin stroudBrooks at fordham universityFordham universityMississippi department of revenueOur departmentTax foundationUs department of educationMinnesota department of revenueCarolina department of revenuePresident bidenAmerican rescue planNorth carolina department

Borrowers in 7 states may be taxed on their student loan cancelation

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

United statesNorth carolinaJohn brooksJared walczakColin stroudBrooks at fordham universityFordham universityMississippi department of revenueOur departmentTax foundationUs department of educationMinnesota department of revenueCarolina department of revenuePresident bidenAmerican rescue planNorth carolina department

Borrowers in 7 states may be taxed on their student loan cancellation

Borrowers in 7 states may be taxed on their student loan cancellation
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United statesNorth carolinaJohn brooksJared walczakColin stroudBrooks at fordham universityFordham universityMississippi department of revenueOur departmentTax foundationUs department of educationMinnesota department of revenueCarolina department of revenueUpdated septemberPresident bidenAmerican rescue plan

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