U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026.
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 ...
Could the relief of finally wiping out student debt turn into a costly surprise? For millions of borrowers on income-driven ...
Key Points ・The federal tax-free exclusion for most student-loan forgiveness under the American Rescue Plan Act of 2021 expires on Dec. 31 2025. ・Starting in tax year 2026, forgiven loan amounts under ...
Despite the government shutdown, the Department of Education is notifying borrowers who qualify for student loan forgiveness ...
The Trump administration has reached a pivotal agreement to resume student loan forgiveness programs, providing debt relief to millions of borrowers after a prolonged period of delays and legal ...
Borrowers are getting notices of student loan forgiveness. Here's what experts say their next steps should be.
Learn the key steps to take before December 31 to qualify for tax-free student loan forgiveness—and avoid missing out on ...
The College Investor on MSN

Which States Tax Student Loan Forgiveness?

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness ...
Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. Every day, my staff and I interact with business owners burdened ...