Courtney Johnston led the CNET Money team and worked closely with the consumer insights data team. Before CNET, she worked as a graduate writing instructor at the University of Indianapolis and ...
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 ...
・The federal tax-free exclusion for most student-loan forgiveness under the American Rescue Plan Act of 2021 expires on Dec. 31 2025. ・Starting in tax year 2026, forgiven loan amounts under many loan ...
・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable income. ・If forgiveness occurs in 2026 or later, you’ll likely receive Form 1099-C ...