Current Events > If I file separately from my wife I owe 9k

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boomgetchopped3
02/19/24 7:04:32 PM
#1:


But If we file jointly we get 1409 back. We tried gaming the system by filing separate so my wifes student loans would be less but it didnt work. Not only that but if we try filing separately our child tax credit is cut in half.

Damn these tax men. Why wont they let me cheat?

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Irony
02/19/24 7:05:48 PM
#2:


They will easily let you cheat but they won't let you get away with it

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boomgetchopped3
02/19/24 7:10:23 PM
#3:


Irony posted...
They will easily let you cheat but they won't let you get away with it

I want to cheat but I want to do it legally like a baller. I wanna be a baller shot caller

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ROBANN_88
02/19/24 7:14:21 PM
#4:


Irony posted...
They will easily let you cheat but they won't let you get away with it

Come on. We all know cheating on taxes is only meant for those who already have atleast 100 million in assets

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#5
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R1masher
02/19/24 7:31:43 PM
#6:


Nice, can I file with her?

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boomgetchopped3
02/19/24 7:35:50 PM
#7:


R1masher posted...
Nice, can I file with her?

Im already claiming you as a dependent.

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Aztex
02/19/24 7:38:13 PM
#8:


How much does she get? It seems like you're messing it up for everyone

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Ar0ge
02/19/24 7:46:08 PM
#9:


Sounds like you're already cheating by being married.

So just take advantage of that and file jointly as you should.
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Villain_S_Fiend
02/19/24 7:53:28 PM
#10:


boomgetchopped3 posted...
Why wont they let me cheat?
You're not rich enough.

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Naysaspace
02/19/24 7:56:58 PM
#11:


boomgetchopped3 posted...
But If we file jointly we get 1409 back. We tried gaming the system by filing separate so my wifes student loans would be less but it didnt work. Not only that but if we try filing separately our child tax credit is cut in half.

Damn these tax men. Why wont they let me cheat?
your net worth isn't high enough. and/or you are not a corporation!

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lilORANG
02/19/24 7:57:41 PM
#12:


I actually can cheat on the daycare credit this year bc I have 2 kids but only pay daycare for one. If I lolist both of them but say I am paying $0 for one it like doubles my credit. Turbo tax literally recommended I do this too. Otherwise I was just gonna include the kid I actually pay for

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Billyionaire
02/19/24 7:57:42 PM
#13:


why would you file separately if you're married. that's just bad business sense.

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boomgetchopped3
02/19/24 8:02:30 PM
#14:


Billyionaire posted...
why would you file separately if you're married. that's just bad business sense.

Because my wife is paying a butt load in student loans. They calculate her minimum required payment based on our joint income. So this year I tried having us file separately but it just wasnt worth it.

My wife is a teacher and in 7 years all of her remaining loans will be forgiven regardless of what she contributed. So it makes sense to pay as little month to month as possible until then.

Alas, if we do this well end up owing a ton in taxes each year. So shes stuck with her huge monthly student loans.

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#15
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Tyranthraxus
02/19/24 8:12:14 PM
#16:


Move to Alabama and keep a freezer of embryos. Get 50000 child tax credits. Ezpz

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boomgetchopped3
02/19/24 8:15:28 PM
#17:


lilORANG posted...
I actually can cheat on the daycare credit this year bc I have 2 kids but only pay daycare for one. If I lolist both of them but say I am paying $0 for one it like doubles my credit. Turbo tax literally recommended I do this too. Otherwise I was just gonna include the kid I actually pay for

we got about 500 for the daycare credit but we only have the one child, and hes only in daycare for 2 days a week. And if I filed separate I couldnt claim the daycare credit at all.

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Serious_Cat
02/19/24 8:45:04 PM
#18:


[LFAQs-redacted-quote]


A lot of it depends on deductions. The IRS doesn't necessarily know that.

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