is tpd income taxable
That is a big and permanent decision. A TPD discharge could. have tax and health insurance consequences for you and others in your. household. Loans discharged through TPD are considered a type of income by the IRS. Choosing a TPD discharge could mean that you have to file a tax return when you. otherwise would not be required to file. A TPD discharge could also increase the. taxes you owe. If you file taxes with another person, a TPD discharge could affect.