My wife and I were married in June of '06. I am wondering how this effects file taxes and if for any portion of the year, can we file jointly.
2007-01-22 05:03:33 · 5 answers · asked by jason_g_lindquist 1 in Business & Finance ➔ Taxes ➔ United States
Congratulations!
Yes, you can file jointly. You can do so for the whole year. The tax law only requires that you be married at 12/31/2006 in order to file jointly. This means if you got married on New Year's Eve, you can file jointly for the whole year.
2007-01-22 05:09:42 · answer #1 · answered by theeconomicsguy 5 · 1⤊ 0⤋
Even if married 12/31/06 you can claim jointly for 2006
2007-01-22 05:21:31 · answer #2 · answered by vegas_iwish 5 · 0⤊ 0⤋
Absolutely...Your status on the last day of the year (december 31st), is what you go by when filing your tax return. You can file jointly or married filing seprately, which ever is in your best intrest's.
2007-01-22 05:13:00 · answer #3 · answered by DON S 3 · 0⤊ 0⤋
Yes. I think that all status is determined on 12/31. This is also important for those who are considering divorce, because they must be divorced by 12/31 to file as unmarried.
2007-01-22 05:12:48 · answer #4 · answered by freeetibet 4 · 0⤊ 0⤋
on account that you obtain married this 12 months you have 2 submitting strategies, married submitting joint and married submitting one by one. you won't be able to each and each record as single anymore. in maximum situations married submitting joint aspects the backside tax due. additionally the "below the table" earnings by skill of regulation is taxable and could be mentioned to the IRS and is taxable. Dependency purely applies in case you have babies or verify whom lives with you and you furnish over 50% of their help. Your mom and dad can now no longer declare you or your important different b/c you're married. My suggestion is see an accoutant, the tax code is somewhat complicated
2016-11-26 19:10:30 · answer #5 · answered by ? 4 · 0⤊ 0⤋