2022 Student Loan Cancellation of Debt
Under the American Rescue Plan Act of 2021, most student loans of any amount that are forgiven and discharged in years 2021 through 2025 are TAX-FREE and are NOT included in gross income.
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Under the American Rescue Plan Act of 2021, most student loans of any amount that are forgiven and discharged in years 2021 through 2025 are TAX-FREE and are NOT included in gross income.