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prima:Student loans forgiven by the federal government are now tax-free in Puerto Rico

Governor Pedro Pierluisi recently signed into law a bill that excludes the benefit of taxpayers’ gross income write-offs

August 26, 2024 - 10:49 AM

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This content was published more than 2 months ago.
The law then excludes student loan debt forgiveness from the definition of gross income. (Archivo)

Individuals whose student loans were forgiven by the federal government will not have to pay taxes on that benefit, according to a new law, recently passed.

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