God I wish this had passed. I took my $5,535 Americorps education award disbursement in 2009 to make a student loan payment, forgot to report it in 2010 when I did my taxes, in now in less than a month I have to come up with $970 cash or face additional interest or penalties because I just got a letter from the IRS. If I could have that $970 added back onto my student loan I would. Even if they kept the tax, it should be held back from the amount instead of making people come up with the cash
God I wish this had passed. I took my $5,535 Americorps education award disbursement in 2009 to make a student loan payment, forgot to report it in 2010 when I did my taxes, in now in less than a month I have to come up with $970 cash or face additional interest or penalties because I just got a letter from the IRS. If I could have that $970 added back onto my student loan I would. Even if they kept the tax, it should be held back from the amount instead of making people come up with the cash
stardappledgreen 11 months ago
Legislation not yet passed, but it has be re-introduced in this 111th Congress. The bill # is H.R. 1596
americorpsalums 2 years ago
did legislation ever get passed???
trinidad718 2 years ago