Final answer:
LeeAnn does not have to include the forgiven $15,000 student loan as part of her gross income if the loan forgiveness is part of a program for teachers in high-need areas, as these amounts may not be taxable.
Step-by-step explanation:
LeeAnn has been teaching in a rural public school for five years and for her service in a high-needs area, her student loans in the amount of $15,000 are forgiven. The question posed is whether she must include the $15,000 as part of her gross income. The answer is False. Generally, the forgiveness of student loan debt may be considered taxable income. However, under certain programs, such as loan forgiveness for teachers in low-income or high-need areas, the forgiven amounts may not be taxable. The specific details of LeeAnn's loan forgiveness program will determine if it's taxable or not. Always consult the IRS or a tax professional for the most current laws regarding student loan forgiveness.