Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...
Some student loan borrowers who get their debt canceled in 2026 may be hit with a tax bill now that a law protecting the ...
A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...
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Student loan forgiveness may trigger a tax surprise
Could the relief of finally wiping out student debt turn into a costly surprise? For millions of borrowers on income-driven repayment plans, that’s the looming question as a key tax exemption is set ...
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 ...
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What is debt forgiveness?
With debt forgiveness, creditors pardon some or all of your debt. Various types of debt may qualify for forgiveness. Debt forgiveness can offer relief from overwhelming financial burdens, but it does ...
IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. IRVINE, CALIFORNIA / ACCESS Newswire / October 22, 2025 / ...
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