Loan Forgiveness Tax Bill

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Posted on October 23, 2018 at 02:21 AM

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Recent Posts For Loan Forgiveness Tax Bill

Discharging Student Loans No Longer Taxable Income Under Trump
With all of the recent changes to federal tax law, it is hard to keep up with everything. However, if you are a borrower, make sure you are keeping track of changes in student loan-related legislation.
No More Gotcha: Bill Would Exempt Student Loan Forgiveness ...
New loan forgiveness programs were supposed to make it easier for those students who were unable to pay, but a provision in the Tax Code can make a bad situation worse: the amount of the loan ...
FinAid | Loans | Taxability of Student Loan Forgiveness
Some loan forgiveness programs are taxable and some are not. Under current law, the amount forgiven generally represents taxable income for income tax purposes in the year it is written off.

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