status in the far future. May v. Texas Higher Educ. Coordinating Bd. (In re May), 368 B.R. 850, 858 (Bankr.D.Neb.2007)(reeognizing, when applying the totality of the circumstances test, that forgiveness of the unpaid balance of the debt at the end of the ICRP period “may or may not result in tax liability for the debtor”). As many courts have recognized, predictions of tax liability at the conclusion of the ICRP period are necessarily speculative. Jones v. Bank One Texas, 376 B.R. 130, 142 n. 11 (W.D.Tex.2007)(noting that “forecasting such tax liability under whatever tax laws will be in effect in 25 years is shéer speculation”); Educ. Credit Mgmt. Corp. v. Stanley, 300 B.R. 813, 818 n. 8 (N.D.Fla.2003)(same); Paul v. Suffolk Univ. (In re Paul), 337 B.R. 730, 738 (Bankr.D.Mass.2006) (<HOLDING>); Archibald v. United Student Aid Funds, Inc.
holding that future tax liability is uncertain because in 25 years a debtor might pay off the debt or if insolvent might enter into the offer in compromise program and reach a settlement agreement with the internal revenue service holding that the debtor lacked standing to bring a claim against the internal revenue service for the improper assessment of a tax deficiency because the cause of action was the property of the estate and had not been abandoned to the debtor holding that the irss full participation in the bankruptcy proceeding in relation to an income tax debt did not bar it from collecting a gift tax debt that had also been listed in the debtors schedules where the irs did not file a proof of claim and the debtor did not force the irs into the proceeding on the gift tax debt holding that in the absence of a hold harmless agreement a former spouse has no claim against the debtor to pay a debt listed on the divorce agreement as belonging to the debtor because such a debt is not incurred in connection with the divorce but was incurred in connection with the debtors and former spouses original transaction with the creditor holding that a binding settlement on a tax liability must follow the requirements of the tax code which include the execution of a closing agreement