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re: Student Loan Repayment Options Explained

Posted on 4/15/15 at 2:19 pm to
Posted by Feed Me Popeyes
Baltimore, MD
Member since Apr 2008
2104 posts
Posted on 4/15/15 at 2:19 pm to
quote:

Currently doing this, and I printed out the IRS publication that mentions it being tax free. I'm almost 95% sure that when it comes time to write it off someone will drop the ball and issue me a 1099. At which point I will take the position it is not taxable and attach a copy of my IRS publication.


I've had a bit of trouble locating specific language, aside from this, which I found to be vague with regard to nailing down the point that amounts forgiven under PSLF are not taxable

Can you provide the IRS language in question, or were you looking at Pub. 970 as well? TIA
Posted by GreenTrout
Toledo Bend
Member since Jul 2013
1010 posts
Posted on 4/15/15 at 2:30 pm to
I don't have it in front of me, but when I get home I'll go look for it through my papers.

I'll also do a search on the IRS site and see if I can find it again. I know it took me awhile originally to find it.
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