Tax question; marriage, student loans, dependents...

Discussion in 'Teacher Time Out' started by shoreline02, Aug 12, 2018 at 6:15 PM.

  1. shoreline02

    shoreline02 Cohort

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    Aug 12, 2018 at 6:15 PM

    Hello! I'm currently paying my loans under the Public Works Loan Forgiveness and I'm on an income driven repayment plan. I know that if I get married, in order to keep my payments low, we'd have to file our taxes separately or else my income driven plan would go way up.

    Question - if we have a child, who should claim the child? I'm not sure how that works??

    Any thoughts, suggestions, or banter welcome! : )
     
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  3. Ima Teacher

    Ima Teacher Phenom

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    Aug 12, 2018 at 7:57 PM

    I know some divorced couples who alternate claiming the child. Not sure if your situation would be similar, or if it would be better for you to claim it. Ask a tax professional.
     

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