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jlesoccer12
New Member

I got money from my employer to pay back student loans, but it was included in my wages and taxed

 
1 Reply
MargaretL
Employee Tax Expert

I got money from my employer to pay back student loans, but it was included in my wages and taxed

Then it is still considered "your money" since you paid tax on it. You can use the loan to report your qualified education expenses or the student interest that you paid (it is considered to have been paid by you since it is included in your wages).

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