mid year separation and divorce

[Gwen Redington]

I have a client who is getting divorced the end of October. Her soon to be ex is moving out the end of this month. He's on Medicare and SSDI. He also gets a sizable pension. She's also on disability and has worked off and on this year. She'll be taking a job soon and called me to see how that will all work.

Apparently, due to her working off and on last year as well, when they did their taxes this year, they had to pay back the overpayment. She's scared that'll happen again.

My question is this. Can we go into her application and just take out his income and add hers in, for the rest of this year? When they file taxes in 2025, do they have to file married because the marriage lasted 10 months? Will they account for his income for the full year, even though they were separated?

I'm not sure how to handle this in a way that she isn't going to have to owe money, but also pays the least amount monthly, especially due to losing her ex's income.

I've done some searches, but I'm not finding answers anywhere.

 

[Yagents]

I have a client who is getting divorced the end of October. Her soon to be ex is moving out the end of this month. He's on Medicare and SSDI. He also gets a sizable pension. She's also on disability and has worked off and on this year. She'll be taking a job soon and called me to see how that will all work.

Apparently, due to her working off and on last year as well, when they did their taxes this year, they had to pay back the overpayment. She's scared that'll happen again.

My question is this. Can we go into her application and just take out his income and add hers in, for the rest of this year? When they file taxes in 2025, do they have to file married because the marriage lasted 10 months? Will they account for his income for the full year, even though they were separated?

I'm not sure how to handle this in a way that she isn't going to have to owe money, but also pays the least amount monthly, especially due to losing her ex's income.

I've done some searches, but I'm not finding answers anywhere.

Yup, this is one of those situations where an accountant needs to provide advice.

Leaving the app alone for rest of year is one option since it will all get reconciled when taxes are filed and she will pay what she was supposed to pay either way

 

[LH Happy]

My question is this. Can we go into her application and just take out his income and add hers in, for the rest of this year? When they file taxes in 2025, do they have to file married because the marriage lasted 10 months? Will they account for his income for the full year, even though they were separated?

You could try the Marketplace agent help desk 855-267-1515, [email protected].

 

[Jim Wright]

Yup, this is one of those situations where an accountant needs to provide advice.

Leaving the app alone for rest of year is one option since it will all get reconciled when taxes are filed and she will pay what she was supposed to pay either way

Yes, a tax professional is the person who needs to be consulted.

Definitely do not call the marketplace. I'm not sure they've helped a single broker in 10 years

 

[Gwen Redington]

Yes, a tax professional is the person who needs to be consulted.

Definitely do not call the marketplace. I'm not sure they've helped a single broker in 10 years

Yeah, the marketplace people have zero idea how to help anyone. Very frustrating.

 

[LH Happy]

Definitely do not call the marketplace. I'm not sure they've helped a single broker in 10 years

I'm not a fan of the main Marketplace line either, just for 3-ways. The broker line is better and has helped.

 

[mamipapi3263]

I have a client who is getting divorced the end of October. Her soon to be ex is moving out the end of this month. He's on Medicare and SSDI. He also gets a sizable pension. She's also on disability and has worked off and on this year. She'll be taking a job soon and called me to see how that will all work.

Apparently, due to her working off and on last year as well, when they did their taxes this year, they had to pay back the overpayment. She's scared that'll happen again.

My question is this. Can we go into her application and just take out his income and add hers in, for the rest of this year? When they file taxes in 2025, do they have to file married because the marriage lasted 10 months? Will they account for his income for the full year, even though they were separated?

I'm not sure how to handle this in a way that she isn't going to have to owe money, but also pays the least amount monthly, especially due to losing her ex's income.

I've done some searches, but I'm not finding answers anywhere.

Remove him and put her down as single.

 

[Gwen Redington]

Remove him and put her down as single.

I can do that. But I'm wondering how she files next year. Does she have to filed married still?

She's just worried that the IRS will count all 12 months of her ex's income and they'll charge her a large penalty because of it.

 

[mamipapi3263]

I can do that. But I'm wondering how she files next year. Does she have to filed married still?

She's just worried that the IRS will count all 12 months of her ex's income and they'll charge her a large penalty because of it.

Call me 561-425-8141 Wanda

 

[mamipapi3263]

It’s hard to answer your questions via this method. I’ve been an agent for 10-1/2 years