I didn’t realize until today that because Washington is a community property state that we would have to claim half our spouses income on the taxes. I have parent plus loans $117k and was going to file MFS to lower my upcoming payments. Does it still make sense to do this in a community property state?? We make a total of $133k per year but my income is $52k.
MFS in community state (WA)
byu/Pnwboymama1917 inStudentLoans
Posted by Pnwboymama1917
2 Comments
If you have to add 1/2 your spouses income to yours you might as well file mfj and get the tax breaks.
Boring answer but you’ll have to run the numbers both ways with MFS and MFJ.
Unfortunately, barring divorce or moving, you aren’t in a situation anymore where your personal AGI is relevant. Still, your loan payments would be based on an AGI of around 66,500 though with MFS so it’s still likely worth it.