Feb 15, 2024

What student loan forgiveness means for your taxes

Stefani Reynolds/AFP via Getty Images

Anyone who received forgiveness in 2023 or gets it in the next two years doesn’t have to worry about federal taxes.

Segments From this episode

We complain but spend anyway

by Nancy Marshall-Genzer

January’s retail sales are slated to be released later today. Consumers keep complaining about high prices but continue to go on shopping sprees. Will that trend continue?

Listen Now

Private labels are gaining fans among the public

by Meghan McCarty Carino

Feb 15, 2024

With price increases hitting major brands, many retailers are creating their own private label products and their popularity is growing.

Mario Tama/Getty Images

LISTEN

EMBED

If your student loans were forgiven last year, what does that mean for your tax bill?

by Samantha Fields

Feb 15, 2024

Due to a temporary change in the law, student loan forgiveness is not considered federally taxable income. State tax laws vary, though.

Anyone who received forgiveness in 2023 or gets it in the next two years doesn’t have to worry about federal taxes.

Kevin Dietsch/Getty Images

LISTEN

EMBED

The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Dylan Miettinen Digital Producer

Jesson Duller Media Producer

Nic Perez Director/Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

Lis Mahy Producer, BBC

Latest Episodes From Our Shows

Jun 12, 2024