Hello! My wife and I married last month at the courthouse. Our actual wedding is in October so we’re not moving forward with name changes or anything until then.
Few things:
I’m in an IBR for my student loans and am 7 years into student loan forgiveness. She has no loans. Because of this, we’re planning to file married/separately until my loans are clear. (I’ve been told since my payment is based on income, to keep it separate so the monthly payment is lower).
Do I need to update my w4 at work? I hadn’t thought of this until I saw a random tiktok about it. I made $90k, she makes $70k. If that factors at all. I know this is where my deductions come from. Is were filing separate, then do my deductions need to change??
We’re not homeowners nor have any dependents.
Thank you!!!