Federal student loans that were discharged are generally not taxable at the federal level for forgiveness through 2025. This includes forgiveness from:
- the President's broad federal student loan forgiveness program
- Public Service Loan Forgiveness (PSLF)
- income driven repayment plans (IDR)
- total and permanent disability discharge
However, some states might treat the forgiveness differently for state tax purposes. The treatment would vary by state.
Can you confirm the specific loan forgiveness you received and what state you live in? This would help ensure you're getting the most accurate guidance.
