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Topic | North Carolina WILL tax Biden student loan forgiveness |
Iodine 09/02/22 6:18:17 PM #36: | In general, when debt is forgiven, it is considered income and is almost always taxable, says Jared Walczak, vice president of state projects at the Tax Foundation. Under the federal American Rescue Plan Act, student debt forgiven between 2021 and 2025 wont be included in federal taxable income. But state income tax policies still vary. https://time.com/6210153/student-loan-forgiveness-taxed/ Hmm. --- In Belichick we Trust ... Copied to Clipboard! |
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