Am I Required To Include My Discharged Student Loan In My Taxable Income?

mwalkerwade Posted in Education Expenses, Taxable Income, Taxpayer AdvocateTagged 1 Comment on Am I Required To Include My Discharged Student Loan In My Taxable Income?

Usually… Yes.  However, let’s see what the IRS has to say right now on this subject. I will highlight a few points below; but, you’ll have to read the Forbes article IRS Issues Tax Guidance On Discharged Student Loans (Jan 15, 2020) for the details. You should not report the amount of the discharged loan […]