Home / Business / Business News / These 13 states may hit borrowers with up to $1,100 in state tax liability on forgiven student loans. How to know if your debt cancellation will trigger a bill

These 13 states may hit borrowers with up to $1,100 in state tax liability on forgiven student loans. How to know if your debt cancellation will trigger a bill

August 27, 2022 Business, Business News

While Biden's student loan forgiveness plan is tax-free on federal returns, it may trigger liability at the state level. Here's what borrowers need to know.

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