Is Loan Forgiveness Worth a $300K Tax Bill?

There are two ways to get your student loans forgiven — and the one nobody talks about could leave you with a six-figure tax bill.

Most physicians know PSLF. Far fewer understand taxable forgiveness — the IDR path that hands you a massive tax bill 20 years down the road. Jimmy and Justin break down a real listener question (anesthesiologist + dentist, $400K in loans at 7%) to show why "married filing separately" math isn't as clean as it looks, and why your repayment plan now hinges on a looming July 2026 deadline.

Resources mentioned:

• Looking for a CPA that does more than just file taxes each year? Check out Gelt, the proactive tax strategy partner that Jimmy personally uses, and receive 10% off the first year through the MMM link.
• Get $100 off a Student Loan Consult with Student Loan Planner: moneymeetsmedicine.com/loans
• Looking to refinance your private student loans? Click here to learn how to find the lowest interest rates out there.
• Every physician must get disability insurance before leaving training! Get a disability insurance quote from Money Meets Medicine Disability.

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