Student Loan Planner cover image

Student Loan Planner

Filing Taxes Separately Would Cost Me $12,000

Nov 8, 2024
45:42

Could your tax filing status save you thousands on student loan payments? You're about to find out. We’re discussing how choosing to file jointly or separately can impact your student loan repayment strategy. You’ll hear about real-world scenarios, from high-income couples evaluating their tax implications to the strategic benefits of filing separately in community property states. Plus, we’ll explore how recent legislative scrutiny on loan repayment plans could affect your financial planning.

 

From navigating recertification dates to leveraging tax extensions, you'll gain practical insights that could reshape the way you manage your taxes and student loans.

 

Key moments:

 

  • 05:18 Should a dual-dentist household file taxes separately? A real case study

  • 18:00 Myths vs. reality of tax filing extensions 

  • 22:13 How filing taxes separately changes everything in a community property state 

  • 26:42 A physician-teacher couple cashes in on the breadwinner loophole

  • 35:31 Reclaim your money by amending your MFS tax return

 

Like the show? There are several ways you can help!

Feeling helpless when it comes to your student loans?

 

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

 

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode