(a) In general.—Section 108(f)(5) is amended to read as follows:
“(5) DISCHARGES ON ACCOUNT OF DEATH OR DISABILITY.—
“(A) IN GENERAL.—In the case of an individual, gross income does not include any amount which (but for this subsection) would be includible in gross income for such taxable year by reason of the discharge (in whole or in part) of any loan described in subparagraph (B), if such discharge was—
“(i) pursuant to subsection (a) or (d) of section 437 of the Higher Education Act of 1965 or the parallel benefit under part D of title IV of such Act (relating to the repayment of loan liability),
“(ii) pursuant to section 464(c)(1)(F) of such Act, or
“(iii) otherwise discharged on account of death or total and permanent disability of the student.
“(B) LOANS DISCHARGED.—A loan is described in this subparagraph if such loan is—
“(i) a student loan (as defined in paragraph (2)), or
“(ii) a private education loan (as defined in section 140(a) of the Consumer Credit Protection Act (15 U.S.C. 1650(a)).
“(C) SOCIAL SECURITY NUMBER REQUIREMENT.—
“(i) IN GENERAL.—Subparagraph (A) shall not apply with respect to any discharge during any taxable year unless the taxpayer includes the taxpayer’s social security number on the return of tax for such taxable year.
“(ii) SOCIAL SECURITY NUMBER.—For purposes of this subparagraph, the term ‘social security number’ has the meaning given such term in section 24(h)(7).”.
(b) Omission of correct social security number treated as mathematical or clerical error.—Section 6213(g)(2), as amended by this Act, is further amended by striking “and” at the end of subparagraph (V), by striking the period at the end of subparagraph (W) and inserting “, and”, and by inserting after subparagraph (W) the following new subparagraph:
“(X) an omission of a correct social security number required under section 108(f)(5)(C) (relating to discharges on account of death or disability).”.
(c) Effective date.—The amendments made by this section shall apply to discharges after December 31, 2025.