U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning ...
A provision of the American Rescue Plan that excludes forgiven student loan debt from federal income tax is set to expire at ...
Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief ...
Wellbeing Whisper on MSN
$10K Student Loan ‘Tax Bomb’ Looms in 2026 What You Need to Know
Could decades of careful student loan payments end with a surprise bill from the IRS? For millions of federal borrowers on income-driven repayment plans, that’s the unsettling reality approaching on ...
Wellbeing Whisper on MSN
Student-Loan Forgiveness Win Could Come With a Pricey Tax Bill
Could the relief of finally wiping out student debt turn into a costly surprise? For millions of borrowers on income-driven ...
7don MSN
Some borrowers have received student loan forgiveness: Take these steps to safeguard your finances
Even during the government shutdown, some student loan borrowers have been notified that they are eligible for debt ...
7don MSN
Student loan forgiveness notices are going out despite the shutdown — what borrowers need to do next
Borrowers are getting notices of student loan forgiveness. Here's what experts say their next steps should be.
A lot has been written about forgiveness. Perhaps Mark Twain described it best: "Forgiveness is the fragrance that the violet sheds on the heel that has crushed it." But for our purposes, Oscar Wilde ...
IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. During a shutdown, the IRS typically scales back staffing ...
A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...
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