Hacker News Reader

The amount forgiven is counted as income for that year and is taxed as such. I believe this is what the preceding commenter was asking about.

View on HN

There are various repayment options available, some incur a tax burden and some do not. The PSLF option does NOT incur a tax burden after 120 payments. It would be smart to research each option available to see what is best for your circumstance.

I was not aware of that. Thanks for clarifying.

Reply on news.ycombinator.com