Did you know Debt Cancellation (DBTCN) is taxable in the US... yes, that'll include the student loan forgiveness?

[Anonymous]

The only way to see your way out of that is filing a Form 982 for INSOLVENCY (for the exact amount of the amount forgiven) and attach a Spreadsheet with all of your liabilities that surpass the DBTCN amount.

[Anonymous]

The people who call us triggered snowflakes are collectively losing their shit over low and middle class Americans getting $10K in loan forgiveness.