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

bren62wil asked:
Can the federal government take my tax return if my student loan has been discharged due to a disability.

v b answered:
Call 1-800-304-3107 and see if FMS is showing your refund as being subject to an offset or not.

kdsmm answered:
If the loan was dispersed they should not take your taxes. You may have to send them a copy of your discharge papers.

Jss answered:
If the loan is discharged, IRS (Internal Revenue Service) should not keep your tax refund.
Normally, debt canceled must be reported as income on the tax return.
Find and read about debt cancellation

Judy answered:
Was it actually discharged or just put into uncollectable status?

2 Responses to “How will a discharged student loan affect my federal tax return?”

  • samuel says:

    I just collected my student loan, I need to know if it will affect my tax return when filing.
    Please advise.

  • samuel says:

    I just collected my student loan, I need to know if it will affect my tax return when filing.
    Kindly advise.

Leave a Reply

Security Code: