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Do you have to pay income tax on income from a student loan?


Do you have to pay income tax on income received from a student loan?

No, there is no income when you borrow for a student loan, that is debt. You are only taxed on income or earning. If you invest the student loan and earn interest, you would have to pay tax on the interest earned only.http://index-go.com/student-loans-financ...
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