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June 1, 2019
Question

Is teacher student loan forgiveness taxable?

  • June 1, 2019
  • 1 reply
  • 0 views
I had my student loans forgiven but did not receive any tax forms.

1 reply

MargaretL
Employee
June 1, 2019

No - teacher loan forgiveness is not taxable.  There is nothing to report on your tax return at this point. If you ever receive 1099-C for forgiven debt, you will report it then and show the teacher loan forgiveness as an exception to the debt forgiveness rules.

July 8, 2019

Is it taxable in the State of CA?