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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?
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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.*
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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.*
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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.
Thank you so much.
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