I have a complicated tax situation and I am about to go crazy trying to figure out how to file this year's taxes.
I married a longtime friend August 2018 in NY to get on his premium health insurance to cover a complex medical problem Medicaid refused to cover. He lives in AZ and owns a house in AZ (mortgaged), I live in NY and own a house in NY (no mortgage) so we maintain separate primary residences. We don't know the best way to file given all of our specifics and not disadvantage each other.
I am disabled with no income or expenses and receive NY state STAR program benefits for my property taxes. I am trying to file in a way to preserve those benefits so basically my husband's income doesn't count against it.
If we file "married filing separately" he'll lose his student loan deduction. I also don't know how this would work with deductions, as any medical miles/expenses I was planning to have him deduct as I have no income to deduct anything against. I'm also getting errors in Credit Karma about not being able to file separately online because AZ is a community property state and NY is not.
If we file "married filing jointly" I'll lose my STAR program benefits, and I'm worried my private student loan debt from 10 years ago will come out of his tax refund. I realize he can file an "injured spouse" form but I don't know if that's a guarantee of protection? I also don't know how to account for two primary residences in a joint tax return.
I am thinking filing "married filing jointly" would be best if 1) whatever he gets back is equal to or greater than my lost STAR credit and 2) I can keep my state residency as NY and he can keep his as AZ, and 3) there is some guarantee that filing "injured spouse" will prevent my student loans from going after his refund.
Someone please help me. I can't afford tax help or preparation and I just don't know how to do this the correct way! This man is so amazing to help me in a difficult situation and I need to figure this out, I don't want to cause him tax problems or an audit
I married a longtime friend August 2018 in NY to get on his premium health insurance to cover a complex medical problem Medicaid refused to cover. He lives in AZ and owns a house in AZ (mortgaged), I live in NY and own a house in NY (no mortgage) so we maintain separate primary residences. We don't know the best way to file given all of our specifics and not disadvantage each other.
I am disabled with no income or expenses and receive NY state STAR program benefits for my property taxes. I am trying to file in a way to preserve those benefits so basically my husband's income doesn't count against it.
If we file "married filing separately" he'll lose his student loan deduction. I also don't know how this would work with deductions, as any medical miles/expenses I was planning to have him deduct as I have no income to deduct anything against. I'm also getting errors in Credit Karma about not being able to file separately online because AZ is a community property state and NY is not.
If we file "married filing jointly" I'll lose my STAR program benefits, and I'm worried my private student loan debt from 10 years ago will come out of his tax refund. I realize he can file an "injured spouse" form but I don't know if that's a guarantee of protection? I also don't know how to account for two primary residences in a joint tax return.
I am thinking filing "married filing jointly" would be best if 1) whatever he gets back is equal to or greater than my lost STAR credit and 2) I can keep my state residency as NY and he can keep his as AZ, and 3) there is some guarantee that filing "injured spouse" will prevent my student loans from going after his refund.
Someone please help me. I can't afford tax help or preparation and I just don't know how to do this the correct way! This man is so amazing to help me in a difficult situation and I need to figure this out, I don't want to cause him tax problems or an audit