Non custodial parent has tax emption, a problem?
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Non custodial parent has tax emption, a problem?

 
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Posted: Mon Feb 07, 2005 10:05 pm    Post subject: Non custodial parent has tax emption, a problem? Reply with quote

For FAFSA, the custodial parent is supposed to fill out the FAFSA.
What happens if the custodial parent does not have the tax exemption
for the student? Will the govt flag this as a problem and cause a
delay in the processing?

Thank you.

Brad

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Steve Blank
Guest





Posted: Mon Feb 07, 2005 11:29 pm    Post subject: Re: Non custodial parent has tax emption, a problem? Reply with quote

Brad,

It's not a problem. It's very common that the non-custodial parent takes
the exemption as part of the divorce agreement.

Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761


vanospam@cox.net wrote:
Quote:
For FAFSA, the custodial parent is supposed to fill out the FAFSA.
What happens if the custodial parent does not have the tax exemption
for the student? Will the govt flag this as a problem and cause a
delay in the processing?

Thank you.

Brad
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Guest






Posted: Tue Feb 08, 2005 3:16 am    Post subject: Re: Non custodial parent has tax emption, a problem? Reply with quote

Steve,
thanx for the quick reply. Just hoping to make the process go as
smooth as possible.

Brad

Steve Blank wrote:
Quote:
Brad,

It's not a problem. It's very common that the non-custodial parent
takes
the exemption as part of the divorce agreement.

Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761


vanospam@cox.net wrote:
For FAFSA, the custodial parent is supposed to fill out the FAFSA.
What happens if the custodial parent does not have the tax
exemption
for the student? Will the govt flag this as a problem and cause a
delay in the processing?

Thank you.

Brad


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