NEW Maryland Tax Credit on Student Loans
A tax credit has been made available for 2018 Maryland tax returns for individuals with student loan balances in excess of $20,000. The catch: The application is due by September 15, 2018.
The credit is available to taxpayers who have incurred at least $20,000 in student loan debt and have at least $5,000 in outstanding student loan debt remaining. To see if you qualify, download the application, or for more information, visit the Maryland Higher Education Commission website by clicking here.