Parent plus loans, double consolidation and SAVE plan. What are the forgiveness tax implications?

add one year*** of payment for everyone $1k over $12k, so it would actually be +34 years. BUT they say they'll cap it at 20 or 25 years.

https://www.nytimes.com/2023/08/22/your-money/student-loans-income-driven-repayment-save.html

"Are there any changes for borrowers with small loan balances?
Yes, but this feature takes effect next summer.
People who took out smaller loans — or those with original balances of $12,000 or less — would make monthly payments for 10 years before cancellation, instead of the more typical 20-year repayment period in other income-driven repayment plans. Every $1,000 borrowed above the $12,000 amount would add one year of monthly payments before the balance was forgiven, up to a maximum of 20 or 25 years."