Student loan forgiveness is taxable again. How to plan for a five-figure IRS bill

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Why This Matters

The US government has announced that student loan forgiveness will be taxable, potentially resulting in a significant tax bill for those who receive debt relief. However, there are steps individuals can take to prepare and potentially avoid or minimize the tax burden.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to prepare, and some may not have to pay.

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Original article published by CNBC on February 23, 2026.
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