No, New York does not consider Student Loan Forgiveness taxable income. Per the New York Department of Financial Services, "Any amount forgiven is not considered income and is therefore tax-free"
Since New York and the IRS do not consider student loan forgiveness as taxable income, you do not need the 1099-C or 982.
See the link below for more information:
@dbgrdpg075
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
