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March 7, 2024
Question

Do I need to include my student loans on my North Carolina State Return if forgiven through Public Service Loan Forgiveness (PSLF) in 2023?

  • March 7, 2024
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March 7, 2024

No.  "According to the Important Notice, while certain forms of federal student loan forgiveness are considered taxable income in North Carolina, student loan forgiveness under PSLF is not considered North Carolina taxable income."

 

North Carolina Department of Justice: Public Service Loan Forgiveness

 

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