Massachusetts adopts the federal exclusion for National Health Service Corps Loan Program repayments made to health care professionals. Loan repayments received under similar state programs eligible for funds under the Public Health Service Act are also excluded from income.
Origin: IRC § 108(f)(4)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2016
FY2017
FY2018
FY2019
FY2020
Personal Income Tax
Exclusions from Gross Income
1.039
Discharge of Indebtedness for Health Care Professionals
Massachusetts adopts the federal exclusion for National Health Service Corps Loan Program repayments made to health care professionals. Loan repayments received under similar state programs eligible for funds under the Public Health Service Act are also excluded from income.
<a href="http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000108----000-.html" target="_blank">IRC § 108(f)(4)</a>
Negligible
Negligible
Negligible
Negligible
Negligible
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