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May 3, 2016
7:08:56am

wjman11 Contributor

A better strategy would be for you to claim

your son as a dependent and get the tax benefit and then pay your son the tax savings. It's likely you are in a much higher tax bracket than he is so the deductions would mean more to you than him. By working together when filing you are cumulatively in a better place.

This message has been modified

Originally posted on May 3, 2016 at 7:08:56am

Message modified by wjman11 on May 3, 2016 at 7:12:46am

Message modified by wjman11 on May 3, 2016 at 7:15:36am

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wjman11

Bio page: wjman11
Joined: Feb 9, 2006
Last login: May 4, 2024
Total posts: 1,796 (1 FO)

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Messages

Author

Time

Federal Financial Aid is a rigged game

Jersey hunter All-American

5/2/16 11:39pm

Tell him to get married.

rggee

5/2/16 11:44pm

It increased my motivation to get married when my married colleagues would be

Sandstone Cougar

5/3/16 12:27am

I don't have to say it - he's working on it.

Jersey hunter

5/3/16 9:21am

I don't know if I should thumbs up or down. The system does in fact suck

kotacoug

5/2/16 11:44pm

The system is punishing the kid who works hard and is self reliant. What happened to logic!

Oaktown12

5/2/16 11:46pm

Someone has to pay for all those losers out there

kotacoug

5/2/16 11:47pm

Don't worry, when you succeed in life, have a good career or own a business

Saxa

5/3/16 5:21am

Race doesn't matter is any of those scenarios. If your family was black or

RC Vikings

5/2/16 11:50pm

Not true. There are such things known as "affirmative action." My best

Cougarfan777

5/2/16 11:56pm

He wasn't talking about scholarships, he was talking about government financial

RC Vikings

5/2/16 11:59pm

Yes, but when that fails, he has less access to other programs then do

Cougarfan777

5/3/16 12:06am

It sounds like he was lucky enough to be born into a family with some assets.

RC Vikings

5/3/16 12:11am

So was my friend, yet he never had to even apply for financial aid, he took

Cougarfan777

5/3/16 12:24am

American Indian would change everything.

JAGA97

5/2/16 11:56pm

Free school is the least they can get for genocide of their people. Good heavens

spugeddy24

5/3/16 9:03am

Good grief ... Drama queenish remark

kotacoug

5/3/16 11:21pm

Pretty accurate remark

kimchicoug

5/3/16 11:39pm

You have no idea - go visit a Rez and say that again.

5/4/16 12:00am

I've freaking lived by a Rez my whole life

kotacoug

5/4/16 8:27am

Then you're ignorant

5/4/16 9:54am

just ask elizabeth warren...

ds7

5/3/16 6:47pm

This is wildly inaccurate and a racist stereotype.

5/3/16 7:26pm

Of course it does. Many more resources available to minorities

kotacoug

5/2/16 11:58pm

It's shocking how often we hear that silliness when arguing for the other side.

Belboz

5/3/16 8:50am

It is true - that's why they have you state your race and ethnicity on the application

Jersey hunter

5/3/16 9:23am

The message has been clear for several years now to blue collar America. Keep

Cougarfan777

5/2/16 11:53pm

I had a Roomate who had his parent essentially dis own him after being baptized

cougarfann888

5/2/16 11:53pm

In a situation like that he should have applied to be emancipated...

BYUFam1

5/3/16 6:02am

Yes but the problem is you have to do it before you are 18

cougarfann888

5/3/16 9:19am

Has it changed recently? I never had to put my parents info in ? They are pretty

Dillinger

5/2/16 11:54pm

You have to if single and under 26.

rggee

5/2/16 11:55pm

If you were married over 25 or in grad school then you don't need to otherwise

cougarfann888

5/2/16 11:55pm

Hmmm, I graduated when I was 26 and got married the same year.

Dillinger

5/2/16 11:58pm

It was required in 2009 for sure. Maybe you just stole from taxpayers

rggee

5/3/16 12:02am

There's a good chance.

Dillinger

5/3/16 12:07am

Not true.

BigGulps

5/3/16 6:18am

It is true. Here's a link

cougarfann888

5/3/16 9:23am

Recently? That's about how it was 20 years ago.

BW84

5/3/16 12:01am

I graduated 6 years ago.

Dillinger

5/3/16 12:07am

When I went from 2004 to 2007 the age cutoff was 23 for parents assets.

BNcoug

5/3/16 3:27pm

It makes sense to me that financial aid should be for those who don't

MrF

5/3/16 12:27am

Why should parents be financially obligated to pay for an adult child's

SierraCoug

5/3/16 12:50am

Why should the taxpayers?

Mississippi

5/3/16 12:58am

Here's the scenario as it currently exists.

SierraCoug

5/3/16 1:07am

You should probably just vote for Bernie...

Mississippi

5/3/16 1:21am

no one should get pell grants get student loans, the only exception is I might

cougarfann888

5/3/16 1:33am

I'm unsure of what your point is, do you want the government to pay for

MrF

5/3/16 1:23am

I'd prefer nobody gets it, but the system is broken when a student is

SierraCoug

5/3/16 1:27am

Seriously, what if the parents were billionaires?

Mississippi

5/3/16 1:32am

Did you miss the part where I said I'd prefer nobody got it?

SierraCoug

5/3/16 1:43am

The fact that many do receive it raises demand and thus increases the cost for

AF Cougar

5/3/16 6:26am

As the system is now, there needs to be a cut off for when students

MrF

5/3/16 1:39am

My biggest problem is why does what is in your retirement 401K matter to FAFSA?

BYUFam1

5/3/16 5:57am

It zzz

byukarl

5/3/16 7:30am

Ummmm, you serious?

5/3/16 6:26am

He had $6,000 of income?

JAGA97

5/3/16 12:30am

Illegal immigrants don't get pell grants, lies like this make rational debate

Cabadapeste

5/3/16 2:39am

This is true

BYUFam1

5/3/16 5:46am

How long ago was this? Maybe I can help. BM me the details.

byuTX

5/3/16 6:51am

Kind of an odd thumbs down Jersey hunter...care to expound on why?

BYUFam1

5/3/16 10:42am

Post of the day because so few people know this. It's so frustrating to

TayPower

5/3/16 10:37am

this isn't new

bald man

5/3/16 2:44am

Why does everyone always want handouts from the government?

Supercoug

5/3/16 4:29am

You conveniently forget the purpose for which Federal Financial Aid is offered:

5/3/16 4:47am

<< Deleted >>

TheHop

5/3/16 5:59am

RE: You conveniently forget the purpose for which Federal Financial Aid is

rmreitz

5/3/16 1:36pm

Why Should the Govt. Help Him and Not You?

Uncle Bluto

5/3/16 5:01am

You should be able to put him back in your health insurance. I've had my

NewMexiCoug

5/3/16 5:56am

And I believe new laws would let you keep a child on your insurance even if

BYUFam1

5/3/16 6:08am

Illegal immigrants don't get aid or grants from FAFSA or any other federal source As far as your son goes, it does

byuTX

5/3/16 6:03am

Medicare is for 62+. Medicaid is for the poor.

claw

5/3/16 6:09am

Thanks. Fixed

byuTX

5/3/16 6:43am

So you feel like the government should be giving him

5/3/16 6:25am

Agreed. Kids should try to make it on own as much as possible but when need help

runnincoug

5/3/16 6:41am

I'm against handouts*

bluebloodedcoug

5/3/16 6:44am

Since parental support is pretty untraceable, I think it's appropriate to

JONBOY

5/3/16 6:50am

A better strategy would be for you to claim

wjman11

5/3/16 7:08am

The government took over student loans remember.

BigGulps

5/3/16 7:28am

This was meant for the church reliance poster above.

BigGulps

5/3/16 7:30am

Already been said but I'll repeat, you being white is irrelevant.

5/3/16 7:31am

Maybe you should just help your son with school

SJS

5/3/16 7:48am

Why do you not claim your son as a dependent?

Clark Addison

5/3/16 7:55am

Best thing was getting married. Pell Grants paid for my wife and I's tuition

dallasbyu

5/3/16 8:38am

What an embarrassing post.

spugeddy24

5/3/16 9:14am

So every student is (should be) entitled to a pell grant?

5/3/16 9:56am

Lol.

byubyu

5/3/16 11:47am

As a foreign student, immigrants don't just automatically get federal aid.

THE KlD

5/3/16 12:19pm

If you don't want to pay for your son's education, why not offer him a loan similar to what

LiveCoug

5/3/16 12:54pm

He makes $6000 a year? Is he a fry cook?

5/3/16 5:38pm

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