What do Hoosiers need to know about Indiana’s taxation of student loan forgiveness?
By Violet Comer-Wilen
"Indiana is one of four states that taxes student loan forgiveness. This will include President Joe Biden’s recent one-time cancellation of student loan debt for eligible borrowers.
Officials in Indiana are urging borrowers to be cognizant of any taxes on their payments.
Andy Nielsen is a senior policy analyst for the Indiana Community Action Poverty Institute. He is urging Hoosiers to pay on time as much as they can.
“The advice we give to people is to file on time and to pay as much as you can by the deadline,” he said."
Comments