Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...
While student loan borrowers in default are subject to wage garnishment, they are temporarily protected in the 2026 tax season. Here's why ...
A provision that made student-loan forgiveness tax-free is set to expire next year. Sen. Elizabeth Warren is calling on the IRS to use its authority to prevent its expiration. Should the provision ...
Is your tax bill too much? Are you worried you can’t pay it off in full? Don’t worry, you have options. The Internal Revenue Service (IRS) Fresh Start Program is designed to help taxpayers, including ...
Student loan borrowers spent years hearing that relief was finally on the way, only to discover that the clean slate they were promised may come with a surprise bill from the Internal Revenue Service.
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Will I be taxed on my canceled student loan debt?
Student loan debt canceled from 2021 through 2025 is excluded on federal returns, thanks to a measure of the American Rescue ...
The Trump administration identified more than 40,000 borrowers eligible for federal student loan relief in January, a recent court filing shows.
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. This comes after a provision of the American Rescue Plan ...
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