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CaroleL1
New Member

Is Maryland Student Loan Debt Relief Tax Credit taxable on federal return?

 
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MaryK4
Expert Alumni

Is Maryland Student Loan Debt Relief Tax Credit taxable on federal return?

No, the American Rescue Plan Act excludes student loan forgiveness from the federal income .  See Student Loan Debt Relief Tax Credit.

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CaroleL1
New Member

Is Maryland Student Loan Debt Relief Tax Credit taxable on federal return?

Thank you!

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