Question 78 ?of 100.Student loans insured or guaranteed by the United States that are discharged...

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Accounting

Question 78 ?of 100.
Student loans insured or guaranteed by the United States that are discharged after December 31, 2020, ?and before January 1, 2026, ?are:
Excluded from taxable income.
Included in taxable income unless the borrower has filed for bankruptcy.
Taxed at a reduced rate.
Excluded from taxable income only if the borrower meets a specific exception.
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