While the student loan forgiveness is set to be tax-free on federal returns, some experts have said that the cancellation may wind up triggering a state tax bill, as some states may count the cancelled debt as income.
Please follow and like us:
While the student loan forgiveness is set to be tax-free on federal returns, some experts have said that the cancellation may wind up triggering a state tax bill, as some states may count the cancelled debt as income.
© 2024 NEXTPOST.ORG All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. We are not responsible for content written by and hosted on third-party websites. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. We assume no responsibility for the use or misuse of this material. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.