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reaneshia
New Member

Do you have to file private student loan cancelation debt on your taxes?

 
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AmyC
Expert Alumni

Do you have to file private student loan cancelation debt on your taxes?

It depends. It is not taxable For TY 2024 and does not need to be reported on the federal. Some states do tax the income. You can reply with your state or see  How do I contact my state Department of Revenue? 

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