Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...

Some borrowers could fax substantial tax bills on their forgiven student loans.

For many who had the good fortune of having their loans canceled in 2025, they may be wondering what that means for their tax ...

Is your tax bill too much? Are you worried you can’t pay it off in full? Don’t worry, you have options. The Internal Revenue Service (IRS) Fresh Start Program is designed to help taxpayers, including ...

The Trump administration identified more than 40,000 borrowers eligible for federal student loan relief in January, a recent court filing shows.

Student loan borrowers spent years hearing that relief was finally on the way, only to discover that the clean slate they were promised may come with a surprise bill from the Internal Revenue Service.

The Education Department began announcing long-awaited student loan forgiveness approvals under key programs after a lengthy delay had left many in limbo.

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan forgiveness. Even though some popular programs like Public Service Loan Forgiveness ...

Add Yahoo as a preferred source to see more of our stories on Google. SPRINGFIELD — For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in ...