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What the federal student loan payment freeze means for your taxes this year

Source: https://cnbc.com/select/tax-impact-of-student-loan-freeze/ - Feb 2, 2021

Forty-two million student loan borrowers have had a break from making their monthly student loan payments (plus interest) amid the pandemic since the CARES Act passed in March 2020.

And with Biden’s latest executive order extending this relief through at least Sept. 30, 2021, borrowers can continue to focus on making sure their basic needs are met and/or paying higher-priority bills on time.

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Category: General Business