We got married this year and also had our first child.
2007-01-06 16:58:13 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Lynda gives th best answer here. You have to work it both ways and file whichever gives you the best result. Usually (but not always) that is married filing jointly. Often couples will file separately to avoid the effects of Alternative Minimum Tax (that also only works in a few situations).
Any good tax preparer can work out which is best. If you do your taxes yourself, a program or online service will do the calculation for you, if you answer all the questions properly.
2007-01-07 02:09:47 · answer #1 · answered by skip 6 · 1⤊ 0⤋
As a volunteer tax preparer it has always been my experience that joint if the best way to file. Should one of you owe IRS or loans, or back child support, the other can file an injured spouse form so that their share of the refund is not withheld. Good Luck!
2007-01-07 01:47:36 · answer #2 · answered by mike j 3 · 1⤊ 1⤋
It really depends. Figure it both ways before you decide (i.e. married filing single and married filing joint). Usually, you are better off filing jointly but you should check to be sure.
2007-01-07 01:02:26 · answer #3 · answered by Lynda M ♥ 3 · 2⤊ 0⤋
For most people it is better to file jointly but for some people who are self employeed or have other circumstances might want to file seperately.
2007-01-07 01:05:28 · answer #4 · answered by Princessd1010 2 · 0⤊ 0⤋
Joint, that's what my teacher said atleast. But honestly if I would choose, I'd say your own. I think it's best to always keep things seperate.
2007-01-07 01:02:07 · answer #5 · answered by starsperhaps 2 · 0⤊ 1⤋