Filing your income taxes married filing jointly or separately will affect your student loan payment, if you are on a income-driven plan. How do you know which option will cost you less money this year?
Ultimately, the way you file your income taxes can affect your monthly student loan payment. Should you file your income-taxes separately to lower your student loan payments? Is that overall a better financial decision? LoanSense software helps you understand if filing jointly or separately is best for you and your spouse financially.