Grand Junction, CO asked in Tax Law for Colorado

Q: Can a Family member claim your child as their dependent and give you the return because you owe the irs

Owe the irs for unpaid student loan debt

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1 Lawyer Answer
D. Mathew Blackburn
D. Mathew Blackburn
Answered
  • Licensed in Colorado

A: While that sounds tempting it would be considered fraudulent and could not only result in fines and penalties but could create unintended consequences.

You should not do that.

You should look at loan rehabilitation or consolidation and an income based repayment options. With no payments and no interest through the end of the year you could likely rehab your loans before the 2020 returns are due.

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