Wondering if you qualify for IRS tax forgiveness? Learn OIC, penalty relief and hardship rules, plus what the IRS looks for.

Sen. Elizabeth Warren is calling on the IRS to prevent big tax bills for student-loan borrowers next year.Kayla Bartkowski/Getty Images The good news: student-loan forgiveness is back on. The bad news ...

Student loan borrowers who get their debt forgiven in 2026 can expect a hefty tax bill next year. But there are steps you can take now to prepare for the tab, financial advisors say. Meanwhile, those ...

Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact ...

Federal student loan borrowers can have their remaining debts forgiven after making payments for 20 or 25 years on income-driven repayment plans. But as of Jan. 1, 2026, that debt forgiveness could ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While the agency does have some effective tools at its disposal to ...

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.

Every time Ayelet publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...