Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Mamanoodlex2
New Member

My fiance wants to claim me for 2018. If he claims me for 2018 taxes as a dependent, is there a chnace that my student loan debt will effect his return?

 
1 Best answer

Accepted Solutions
Opus 17
Level 15

My fiance wants to claim me for 2018. If he claims me for 2018 taxes as a dependent, is there a chnace that my student loan debt will effect his return?

No, a dependent's debts do not flow to the taxpayer.

He can only claim you as a dependent if you lived together the entire year, he provided more than half your financial support, and you have less than $4150 of taxable income.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

View solution in original post

2 Replies
Opus 17
Level 15

My fiance wants to claim me for 2018. If he claims me for 2018 taxes as a dependent, is there a chnace that my student loan debt will effect his return?

No, a dependent's debts do not flow to the taxpayer.

He can only claim you as a dependent if you lived together the entire year, he provided more than half your financial support, and you have less than $4150 of taxable income.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
Mamanoodlex2
New Member

My fiance wants to claim me for 2018. If he claims me for 2018 taxes as a dependent, is there a chnace that my student loan debt will effect his return?

Yes, all aspects for a dependent apply for me.
Thank you so much.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~