PSLF Tax Bill – It is the PSLF form is an application form which you need to fill out in order to receive the Public Service Loan Forgiveness Program. The PSLF is a program that allows you to receive your loans for free upon completion of 10 consecutive years. When you are eligible to join this program, you must work full-time for a qualifying employer and pay 120 on-time payments.
If you are not sure on what qualifies as being an eligible employer, these are the things which are considered to be qualifying:
-Your government employer
A 501(c)(3) non-profit organisation
A public health or non-profit health care organization
-An AmeriCorps or Peace Corps volunteer service
When do I have to file for PSLF Tax Bill?
You’re eligible to apply to apply for PSLF for those who have an eligible loan and have made 120 qualifying repayments on that loan. You may be able file for PSLF after you have made only 10 qualifying payments, however you must apply for it within 10 years from the commencement of the repayment period.
It is not necessary to file for PSLF before the commencement of your loan period. You can wait until after you’ve completed 120 payments before submitting for it.
Download PSLF Tax Bill
Gallery of PSLF Tax Bill
