- quote -

Rest easy. The student is receiving *academic* based
financial awards (in the old days we used to call them
scholarships) which the student earned through academic
achievement, not our tax dollars. Nonetheless, colleges
still require the FAFSA to be completed in order to receive
ANY money. My concern is having a new spouse's income
(along with mine) being reported on the FAFSA and my ex
having access to this information (which she would
indirectly through the student). She simply does not have a
need to know and that is why I was asking if it would be a
good idea to tell her to file the FAFSA in the future. It
won't change the dollars the student receives.

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- quote -

Yes.

I shall leave the tax questions to the professionals.

But, unless I interpret your words incorrectly -- for which
I apologize -- you are looking for a way to continue having
your son receive government FAFSA college aid funds -- from
my tax dollars -- for which he might no longer be eligible
following your remarriage.

Sigh!

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- quote -

If you can still claim the kid, you would include him on
your joint tax return. You have the option of filing a
separate return, but even with marriage penalty relief, it's
likely to be more costly unless you live in Ohio.

Your preference is irrelevant in completing the FAFSA.

--
Thomas E Healy, CPA, PC
1650 38th St., Ste 202W
Boulder, CO 80301
Please send email to: tom[at]tomhealycpa.com, since I block all email at my
newsgroup address.
phone (303) 443-1804
fax (720) 489-3772

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"Charlie" <nothere[at]nospam.net> writes:

- quote -

On a joint return you claim all the dependents each of you
is entitled to claim.

Phil Marti
Clarksburg, MD

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Currently I'm divorced but with one kid in college so have
been filing HOH for taxes and claiming exemption for college
student.

If I get remarried in 2005, what happens with all of this?

I realize I'd need to file jointly with new spouse (she has
no kids), but can I (we) claim him for dependency exemption?

Also, on the FAFSA for college aid, I'd prefer not to file
this anymore as it would disclose new spouse's income.
Maybe the ex can file this in future, but would that affect
who could claim the kid? I was awarded primary parental
responsibility in the final settlement and am entitled to
the exemption, unless I decide to give it up. Don't know if
it would help the ex as her income is high.

Any other issues related to this?

Thanks!!

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