subject: College Planning – What Needs To Be Done During A Divorce [print this page] Claiming of the children chances are that when you were married, you filed joint tax returns. Once you are divorced, you will file individual tax returns. Your income, tax bracket and who claims the children in a given year can have a decent sized positive impact on each of your individual tax returns, making your combined individual tax returns greater than you married combined ones. I suggest speaking with an accountant who is experienced in divorce and divorce law. The extra money you receive as individuals can go right into a college savings plan.
College Planning What Needs To Be Done During A Divorce
