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How will a discharged student loan affect my federal tax return?

April 26, 2017affect discharged federal tax Return student loan

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How will a discharged student loan affect my federal tax return?

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Can the federal government take my tax return if my student loan has been discharged due to a disability. A: If the loan is discharged, IRS should not keep your tax refund. Normally, debt cancelled must be reported as income on the tax return. Read about debt cancellation, http://taxipay.blogspot.com/2008/08/us-income-tax-topics-1.

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Can the federal government take my tax return if my student loan has been discharged due to a disability. A: If the loan is discharged, IRS should not keep your tax refund. Normally, debt cancelled must be reported as income on the tax return.