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IRS Bill on Forgiven Student Loans: Avoid Surprise Tax Costs
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IRS Bill on Forgiven Student Loans: Avoid Surprise Tax Costs
It’s a relief you finally have your student loans forgiven, until the next tax season when an IRS Bill arrives. Most student loan forgiveness in 2026 will be considered income by the federal government since the tax exclusion for student loans expired during the pandemic. That could cause you to get slapped with a higher...
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