Looking Forward

Making a better life for me and my kids

Archive for the month “January, 2015”

Fafsa, taxes, and patience.

As you all know, A is preparing for college. At this point we’re working on the fafsa. I ran the numbers in the fafsa-4-caster to determine which situation would benefit A more, me claiming him or asshat claiming him.

I explained what I found to A, along with the standard “I am not an expert, this is just what I read, learned, found out, heard someone say one time, etc…” I also learned that private schools look at what constitutes ‘need’ differently than public schools, and we talked about what the averages are for need based aid for the schools he’s considering offer.

I’d like him to make some of these choices on his own, and to have as much information as I could give him. I told him if he wanted to use his dad’s info, he’d need to get with him ASAP and have him help with the form.

I received this email this afternoon:

From: Asshat
To: Me
FYI – A informed me that you plan on claiming him on taxes this year.  Kudos on telling him that in essence you are putting your taxes over your son’s best interest.  He will certainly receive considerably less aid based on EFC if you do this.  Your calculation of it only making a marginal difference in what type of aid he is awarded is indicative of your ignorance on the subject matter. 
Not that I care, but you will also receive significantly less in the form of my tax refund that is garnished as well.  But alas, your financial ignorance and indifference to your son’s future financial state is not my problem beyond the problems you create for him.

My guess is that he’s extra mad because now A has said, “mom is claiming me.” which means he can’t claim the kids on the sly like he normally does. And trying to tempt me with back support? Come on now – you owe me more than 5k, you’ll owe me that no matter how my taxes work out – so why would I get less back this year to get more money from you when I can get more back this year, and STILL get the money you owe me? I might just have to wait a little longer, but if I’ve learned anything from these last 4 years, it’s been patience.

 

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