Learn the key steps to take before December 31 to qualify for tax-free student loan forgiveness—and avoid missing out on ...

A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

US student loan borrowers face key tax changes as 2025 ends. Federal student loan forgiveness will again be taxable, and the ...

Key Points ・The federal tax exemption for income-driven repayment (IDR) student loan forgiveness expires after December 31, 2025. ・The Department of Education will use the borrower’s milestone date as ...

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 ...

More than 43 million Americans carry student loan debt, and recent grads aren't the only ones feeling the pinch. Data show that many borrowers are in their 40s, 50s, and even 60s, still paying off ...

The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, most people will avoid the tax bomb due to a tax process called insolvency.

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...