help with taxes. please help?

Question

just got married and need to know what to change. I have 2 kids from 1st marriage. I have been claiming head of household until now. my husband was laid off from his "real job" most of this year, however he also owns his own business. Should i file married separately, married jointly, head of household. help,help,help. i earn under 23000 a year and live in nj. my husband earned about 20000 with his real job and unemployment. i ususally get a return of 7500.

Answer 1

Go to a tax accountant. We do that because there's no way we can figure out what's 'best' in the tax code. Our accountant will figure out the taxes different ways and then submit the cheapest. It's the BEST way to spend my money.

A REAL tax accountant, not H&R block or those other guys. It might cost you $200, but you know you will be getting the BEST deal on the taxes.

good luck

Answer 2

You must file married filing jointly or married filing seperate (a disaster)
The joint return will produce the best outcome- You can no longer file head of household (you are married-that's the bottom line) or single.
Your earned Income Credit will be lower- can't be helped- the law is very specific about this- Good luck.

Answer 3

A local CPA would be more helpful in dealing with the specifics of your situation. However, I will say that you can no longer file as head of household as you are married. You can file married filing seperately or jointly. Most of the time, filing jointly yields the best results, but your situation may vary and a local preparer will be more helpful to you.

Answer 4

You have to file jointly with your husband. You will get less money back with your refund than you have in the past, but in the long term married people do better financially.

Answer 5

See my answer on your previous post.