💣 Student loan “forgiveness” in 2026 = the IRS sending you a surprise bill.
That $40k wiped away? Could mean $7k–$12k in taxes. 🫠
Parents + grads: the tax bomb is real. Get ready.
👉 qz.com/student-loan-forgiven...
#StudentLoans #TaxBomb #CollegeDebt #ParentPLUS #FinancialPlanning
That $40k wiped away? Could mean $7k–$12k in taxes. 🫠
Parents + grads: the tax bomb is real. Get ready.
👉 qz.com/student-loan-forgiven...
#StudentLoans #TaxBomb #CollegeDebt #ParentPLUS #FinancialPlanning
September 3, 2025 at 12:00 PM
💣 Student loan “forgiveness” in 2026 = the IRS sending you a surprise bill.
That $40k wiped away? Could mean $7k–$12k in taxes. 🫠
Parents + grads: the tax bomb is real. Get ready.
👉 qz.com/student-loan-forgiven...
#StudentLoans #TaxBomb #CollegeDebt #ParentPLUS #FinancialPlanning
That $40k wiped away? Could mean $7k–$12k in taxes. 🫠
Parents + grads: the tax bomb is real. Get ready.
👉 qz.com/student-loan-forgiven...
#StudentLoans #TaxBomb #CollegeDebt #ParentPLUS #FinancialPlanning
Student loan forgiveness became federally taxable again on January 1. A $148,000 IDR discharge on a $58,000 income carries about $33,400 in tax — unless the insolvency exclusion applies, which for most borrowers it does.
#StudentLoans #TaxBomb
#StudentLoans #TaxBomb
My Student Loans Are Finally Being Forgiven. Could I Owe Taxes On Them?
A reader is going to get their student loans forgiven. Will they owe taxes on the amount? How does it work?
thecollegeinvestor.com
September 19, 2026 at 9:17 PM
Student loan forgiveness became federally taxable again on January 1. A $148,000 IDR discharge on a $58,000 income carries about $33,400 in tax — unless the insolvency exclusion applies, which for most borrowers it does.
#StudentLoans #TaxBomb
#StudentLoans #TaxBomb