Tag: married filing jointly

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Basically, when it comes to filing your personal tax return, there are five filing statuses you may choose from: single individual, married person filing jointly or surviving spouse, married person filing separately, head of household and a qualifying widow(er) with dependent children. Filing incorrectly can cost you a bundle in tax dollars as well as…

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If you’re married, you have the option to file one or two tax returns every year. While most people file together on one return due to the increased standard deduction, in some situations, it makes more sense to file two separate returns.  When should I file separately?   There are several situations where married filing separate…

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