topic What is the tax impact if I default on my student loan? in Education https://ttlc.intuit.com/community/college-education/discussion/what-is-the-tax-impact-if-i-default-on-my-student-loan/01/729748#M20241 Thu, 06 Jun 2019 15:58:55 GMT mikiecpa 2019-06-06T15:58:55Z What is the tax impact if I default on my student loan? https://ttlc.intuit.com/community/college-education/discussion/what-is-the-tax-impact-if-i-default-on-my-student-loan/01/729748#M20241 Thu, 06 Jun 2019 15:58:55 GMT https://ttlc.intuit.com/community/college-education/discussion/what-is-the-tax-impact-if-i-default-on-my-student-loan/01/729748#M20241 mikiecpa 2019-06-06T15:58:55Z There is no tax impact for defaulting on your student loa... https://ttlc.intuit.com/community/college-education/discussion/there-is-no-tax-impact-for-defaulting-on-your-student-loa/01/729750#M20242 <P>There is no tax impact for defaulting on your student loan. You have other consequences, but there is no tax penalty for defaulting. In some cases, a student loan is <I>forgiven</I>, and there may be tax consequences associated with that.</P> Thu, 06 Jun 2019 15:58:57 GMT https://ttlc.intuit.com/community/college-education/discussion/there-is-no-tax-impact-for-defaulting-on-your-student-loa/01/729750#M20242 IsabellaG 2019-06-06T15:58:57Z