Is my spouse responsible for my student loan debt?

Is my spouse responsible for my student loan debt?

If you cosigned on your spouse’s student loans at any time, whether they’re federal loans, private loans, or refinanced loans, that means you are legally liable for those student loans. If your spouse dies or is otherwise unable to pay back their loans, the lender will look to you to pay them back.

Are student loans community property in Texas?

The Texas State Law Library notes Texas is one of just nine community property jurisdictions in the United States. However, student loans that were incurred during the marriage are presumed to be joint property. As with other marital debt, it will be divided in a just and equitable manner.

How do you calculate community income?

1. Combine the value of all wages earned by you and your spouse over the past year and divide the result in half. You and your spouse must each report half of your household’s earned income, regardless of who earned it.

Can I claim my ex wife as a dependent?

You can claim your ex-wife as a dependent if her gross income is less than $4,050 for the year (SS income is not included) and if you provided more than half of her total support, and she lived with you for the entire year. You must have a qualifying child, parent or relative as a dependent.

Is it better to file divorced or single?

Divorced or separated taxpayers who qualify should file as a head of household instead of single because this status has several advantages: there’s a lower effective tax rate than the one used for those who file as single. the standard deduction is higher than for single individuals.

How can I check someone’s marital status?

Birth, death, marriage and divorce records are typically managed and made available at the local county clerk’s office where the event took place. States will also often have a department of health that can provide access to older vital records.

How can I check my marital status?

A vital records office may also have other documents which can help you figure out an individual’s marital status: marriage intentions, marriage applications, marriage contracts or settlements, and marriage returns. In addition, vital records offices have divorce records that can give you exact divorce dates.