Certain types of student loan forgiveness will face federal and state tax changes after the American Rescue Plan Act, which protected borrowers, expired at the end of December.
For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax policy this year.
Student loan borrowers may still owe thousands of dollars after reaching full forgiveness, as the rules around taxes have changed in President Donald Trump's second term. Student loan forgiveness can ...
Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week ...
Obtaining student loan forgiveness can feel like pure relief — but there may be some fine print to that forgiveness. As of Jan. 1, 2026, following the expiration of a Biden-era provision that made ...
A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers off balance. The impending blast is heading for borrowers paying down their ...
If your federal student loans were forgiven in 2024, you may be wondering if there are any tax implications. Many borrowers have benefited from education debt cancellation under the Biden ...
INDIANAPOLIS (AP) — Indiana will tax student debt relief as income, reflecting similar policies in other U.S. states following the Biden administration's announcement of a forgiveness plan last month.
Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...
Certain types of student loan forgiveness face federal and state taxes after a law that protected borrowers expired. Now they ...