Student loan forgiveness is taxable again. How to plan for a five-figure IRS bill
Why it 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.
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Market impact analysis based on bearish sentiment with 80% confidence.
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- groq-llama-3.1-8b-instant
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- Article id
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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.
Original article published by CNBC on February 23, 2026. Analysis and insights provided by AnalystMarkets AI.