Covid-19 Relief Bill Passes With Tax-Free Student Loan Forgiveness
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The U. S. Senate passed a version of the American Rescue Plan Act of 2021 that includes a provision for tax-free student loan forgiveness.
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The U. S. Senate passed a version of the American Rescue Plan Act of 2021 that includes a provision for tax-free student loan forgiveness.
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Forgiven debt is normally considered taxable income.