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April 12, 2025
Question

Are federal NIH grants for student loan repayments taxable in New Mexico? The grant was paid directly to the student loans.

  • April 12, 2025
  • 1 reply
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    1 reply

    Hal_Al
    Employee
    April 12, 2025

    Yes, but only if already included in your Federal Adjusted Gross Income (AGI).  It automatically transfers from the federal to state return.