Some state residents may be eligible to claim a Maryland student loan tax credit in 2023. However, although credit recipients won’t receive the debt relief until they file their 2023 tax returns ...

According to Moore's office, nearly $9 million in tax credits will be available to more than 9,000 Maryland residents with student loan debt. Since the program began in 2017, nearly $50 million in ...

Last week, Governor Wes Moore announced that the Maryland Higher Education Commission had distributed nearly $9 million in 2022 tax credits to over 9,000 residents with student loan debt.

ANNAPOLIS Md. (7News) — Maryland Governor Wes Moore announced on Friday that theMaryland Higher Education Commission has awarded nearly $9 million in 2022 tax credits to state residents who have ...

Student loan forgiveness and tax implications Student loan forgiveness , under the American Recovery Act through 2025, is generally tax-free at the federal level. However, state taxes may apply.

"Based on IRS Statistics of Income (SOI), in 2022 a total of 3,982,018 federal income tax returns claimed the student loan interest deduction, representing a total deduction of $3,860,127,000 ...