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6 states could potentially charge borrowers income tax on their forgiven student loan debt
Fortune via Yahoo Finance· 2 years agoMost borrowers eligible for President Joe Biden’s student loan forgiveness plan will receive the...
Tax debt relief: How to resolve your debt with the IRS
Bankrate via Yahoo Finance· 3 months agoKey takeaways From due date extensions to settlements, the IRS offers several tax debt relief...
4 details you might have missed from Biden's student debt forgiveness announcement
INSIDER via Yahoo News· 2 years agoPresident Joe BidenDrew Angerer/Getty Images The details of Biden's student-debt relief announcement...
You Could Owe the IRS Taxes If Your Forgiven Debt Settlement Was $600 or More
GOBankingRates via Yahoo Finance· 8 months agoHaving large amounts of debt canceled is welcome news for most consumers because it frees up more...
The IRS is not expanding its workforce because of Joe Biden’s student loan forgiveness
Austin American-Statesman via Yahoo News· 2 years agoViral Facebook Post: The IRS is hiring 87,000 new agents to police people who will owe more federal...
Student Loan Forgiveness May Come With a Heavy Tax Bill
SmartAsset via Yahoo Finance· 2 years agoDepending on where they live, student borrowers may soon face an unexpected tax burden. In August,...
Will I be taxed on student loan forgiveness?
Yahoo Personal Finance· 2 months agoSince March 13, 2020, federal student loan borrowers haven't had to think much about their student loan payments. The U.S. Department of Education...
How to prepare now that student loan forgiveness likely isn't coming anytime soon
USA TODAY via Yahoo Finance· 1 year agoNow that it’s unlikely millions of Americans will get student loan forgiveness by the end of the...
What is a 1099-C Cancellation of Debt form?
Bankrate via AOL· 2 months agoKey takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt on your behalf. You must include...
Debt ceiling plan passes Senate. Who wins? Everyone, and here's why.
USA TODAY via Yahoo Finance· 11 months agoThe Greater Good: That’s the lesson now that the debt-limit deal has been approved by the U.S. House...
