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Student loan forgiveness may trigger taxes in these 5 states
Student loan forgiveness is federally tax-free, but borrowers in five states may owe state income taxes on forgiven amounts.
The up to $20,000 of federal student loan forgiveness announced by President Joe Biden won’t be subject to federal taxes, according to the White House. The federal American Rescue Plan signed into law ...
Student loan borrowers face a looming deadline that could significantly impact their financial future. The American Rescue Plan Act of 2021 temporarily exempts forgiven student loans from federal ...
Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...
Contrary to some news reports and a now-corrected analysis from the Tax Foundation, Kentucky will not tax as income student loans forgiven through a new plan announced by President Joe Biden last week ...
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