Name: No federal taxes on student loan forgiveness; states could charge
Uploaded: 2022-08-27T00:02:53Z
Channel: TEGNA

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No federal taxes on student loan forgiveness; states could charge

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According to the Minnesota Department of Revenue, Minnesota tax law is currently out of conformity with federal law when it comes to student debt relief, so loan forgiveness could be considered taxable income by the state. https://www.kare11.com/article/news/local/breaking-the-news/while-student-loan-forgiveness-wont-be-taxed-federally-but-minnesota-still-could-tax-as-income/89-c14ff72b-d3a2-4ca4-a586-43d56b432dc5 Welcome to the official YouTube channel of KARE 11 News. Subscribe to our channel for compelling and dramatic storytelling, award winning investigations, breaking news and information you can use. » Subscribe to KARE 11 on YouTube: https://www.youtube.com/subscription_... » Watch more KARE 11 video: https://www.youtube.com/user/KARE11/v... » Visit KARE11.com: http://www.kare11.com/ » Download our app! https://www.kare11.com/appredirect/ » Find KARE 11 on Facebook: https://www.facebook.com/KARE11/ » Follow KARE 11 on Twitter: https://twitter.com/kare11 » Follow KARE 11 on Instagram: https://www.instagram.com/kare11/

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breaking the news breaking-the-news btn11 federal taxes mn loan forgiveness state taxes student loan forgiveness student loan taxes

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