A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...
A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands of dollars in taxes.
Some student loan borrowers who get their debt canceled in 2026 may be hit with a tax bill now that a law protecting the ...
Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...
Taxes on student loan forgiveness are returning, forcing millions of borrowers to rethink long-term plans as canceled debt ...
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Student loan forgiveness may come with a surprise tax hit
For millions of borrowers, finally seeing a student loan balance wiped away is supposed to mark the end of a long financial ...
The Daily Overview on MSN
Student loan relief trap: Forgiveness may trigger a tax bomb
Student loan borrowers spent years hearing that relief was finally on the way, only to discover that the clean slate they ...
The Daily Overview on MSN
Student loan tax bomb is back, how to prepare now
Student loan borrowers who have spent years planning around tax-free forgiveness are waking up to a very different reality.
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Yes, tax relief can be a powerful tool for resolving your past-due IRS ...
From 2026, cancelled student loans under income-driven repayment plans will once again be treated as taxable income in the US ...
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3 debts you can potentially get canceled forever
In some cases, it may be possible for tax debt to be canceled through bankruptcy. To qualify, the tax debt must meet specific ...
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Does tax relief help with past-due debt?
Each year, millions of taxpayers find themselves unable to pay what they owe to the Internal Revenue Service (IRS). But when you owe back taxes to the IRS, the initial balance isn't the only issue.
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