Submitted by Vanessa2pt0 t3_yisf2d in personalfinance
First kiddo going to college in a couple of years. Ex and I are divorcing. I assume my son would get more financial aid if I am the primary parent (since I make much less) but does that mean I would need to claim him on taxes? We have been trying to decide how to split the three kids for taxes (we split them 50-50 time wise) and want to see if anyone knows the best way to do this so that they get the best financial aid in the future.
FYI first kiddo will likely do a couple years of Community College first. We are in CA.
NewDifficulty9209 t1_iuk8y4v wrote
You do not need to claim him on taxes for FAFSA, but you’ll need to be at poverty level to get Pell grant.
If the college uses the CSS profile for determining scholarship, both parents incomes will be included.