Student loan debt discharged

[JimTaxes]

I know about exclusions on debt forgiveness, including insolvency, bankruptcy, etc.. what  about this exception:. has anyone used this exception? seems vague.. cannot find specifics on who qualifies

Currently, the U.S. tax code provides that discharges of loans can be excluded from income if the discharge was subject to a requirement that the borrower work in a certain field for a certain amount of time. 

 

[Lee B]

I think the information is usually supplied to the employee by the employer, i.e. Medical professionals working in VA or BIA hospitals .

[Jim Oh Bkkr]

I had a school teacher (Kentucky) who qualified for this due to teaching in a certain area.  Backed it out of income on Line 26  with the explanation "section 108(f)(1)" and it was never questioned for 10+ years.