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New Member
posted Jun 4, 2019 8:32:21 PM

Earned income & student loans

I get student loans for medical school. For the purpose of stating that I supported myself with earned income last year, would I consider student loans to be earned income?

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Level 7
Jun 4, 2019 8:32:23 PM

No, loan proceeds are not earned income as you are expected to repay the loan.

1 Replies
Level 7
Jun 4, 2019 8:32:23 PM

No, loan proceeds are not earned income as you are expected to repay the loan.