Skip to main content
Level 1
March 31, 2022
Question

student loan

  • March 31, 2022
  • 2 replies
  • 14 views

Is my student loan considered income?

    2 replies

    Level 15
    March 31, 2022

    No your student loan is not income.   Someday you have to pay it back.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    Level 15
    March 31, 2022

    No, a student loan is not considered income.

     

      It is considered payment for tuition so if you take a student loan, you still qualify for education credits. 

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"