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Level 2
February 8, 2024
Solved

Student Loan Refund

Hello! 

I made 120 payments via the Public Service Loan Forgiveness program and the balance of my loans were discharged in 2023. I was also refunded for all of the payments I made during COVID. Does any of that need to be included in my taxes?

    DavidD66Answer
    Alumni - Intuit
    February 8, 2024

    No, the discharge of your student loans due to working in Public Service is not a taxable event.   Neither is the refund of the payments you made during the COVID pandemic taxable.  You don't need to report either of them on your tax return.

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    2 replies

    DavidD66Answer
    Alumni - Intuit
    February 8, 2024

    No, the discharge of your student loans due to working in Public Service is not a taxable event.   Neither is the refund of the payments you made during the COVID pandemic taxable.  You don't need to report either of them on your tax return.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    schaae1Author
    Level 2
    February 8, 2024

    Thanks much, that is very clear and helpful!