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2. Student Loan Forgiveness: 3 Ways the IRS Says Your ... - AOL

   www.aol.com/finance/student-loan-forgiveness-3...

   Federal student loan borrowers have about a month to prepare for the resumption of payments following a payment moratorium that began in March 2020, during the early days of the COVID-19 pandemic....

3. What is a 1099-C Cancellation of Debt form? - AOL

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   In most cases, you must report canceled debt as ordinary income on your federal tax return — even if the debt was less than $600 and you never received a Form 1099-C. List your canceled debt on ...

4. 8 million student-loan borrowers who remain blocked from ...

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   For example, Federal Student Aid announced in April that over 1 million student-loan borrowers were being transferred from Mohela to new servicers upon Mohela request to allow borrowers to receive ...

5. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   A loan by itself is neither gross income to the borrower, nor a tax deduction to the lender. This is because there is "symmetry" of assets and liabilities on both side: the borrower's increased wealth when the loan is taken out is offset by an obligation to repay that same amount.

6. Expecting Student Loan Forgiveness? 3 Ways To Plan Ahead ...

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   AGI is your gross income that is taxable, after qualified adjustments or deductions (like student loan interest), per the IRS. To find your AGI on either of your 2020 or 2021 tax returns, look for ...

7. Student loan forgiveness for public-sector workers will be ...

   www.aol.com/student-loan-forgiveness-public...

   The loans will still be held by a student loan servicer. But MOHELA will no longer be the only servicer handling the loans of borrowers enrolled in PSLF. An estimated 1 million borrowers could ...

8. Tax debt relief: How to resolve your debt with the IRS

   www.aol.com/finance/tax-debt-relief-resolve-debt...

   Tax debt relief is a way the government helps you when you can’t afford to pay your tax bill. This comes in the form of a payment plan or a settlement in which the IRS agrees to settle your tax ...

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