@Opus 17 @user17538710126
<<If your loan is forgiven, the amount that is forgiven is usually considered taxable income. >>
through 2025, the amount forgiven is not taxable income per the ARPA law passed in 2021. No extension was placed into the OBBB tax law that passed earlier this month, so beginning in 2026, unless Congress does something to extend the tax break, the forgiven loan amount will once again be taxable.
