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Avoid a Surprise Tax Bill: What You Need to Know About 2025 Loan Forgiveness

Expecting student loan forgiveness in 2025? You might not owe federal tax, but state taxes or international rules could still apply. This article breaks down how loan forgiveness is taxed, how to handle Form 1099-C, and what Indian residents with foreign loans should watch for. Learn how to avoid a surprise tax bill with our step-by-step guide, official resources, and expert tips. Stay informed and financially safe!