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hot cocoa on the couch posted:lol what. taxing loan forgiveness as income. my head is spinning Up until one of the COVID relief bills last year, student loan forgiveness due to making it to the time limit on the IDR would be federally taxable income. Loan forgiveness being taxable income is depressingly normal, and is the rule rather than the exception.
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Oct 8, 2022 06:35
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Personally, I wouldn't spend that money until after the court case is settled. If it's ruled that Biden couldn't forgive those loans, you may find that you owe it all back again.
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Jan 5, 2023 05:42
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