If I get married do I have to file taxes together with my husband or do I have the option of filing seperately? My boyfriend says when we get married we will be forced to file together BUT I think he is wrong, I think that we can still file seperately if we want to. Who is correct?
2007-10-30 04:59:43 · 13 answers · asked by Isabella's Mommy Expecting #2 6 in Business & Finance ➔ Taxes ➔ United States
Lol, he isn't a criminal guys, trust me...I have known him for like 10 years and we are only 23 and we have been together almost 5 years. We just thought that we would end up losing money in the end if we filed jointly but since people are saying it would be smarter to file together he is thinking differently now. He is FAR from a criminal.
2007-10-30 16:53:16 · update #1
You can file separately if you want to, but you will very rarely want to. Most of the tax credits that are availible are not allowed if you file separately. The only time I can think of that it would be beneficial for you to file separately is if one of you owes a lot of back taxes and the other one wants to keep thier refund.
2007-10-30 05:05:44 · answer #1 · answered by Gypsy Girl 7 · 1⤊ 0⤋
There are two options for married people, married filing jointly, and married, filing separately.
Few married people file separately because you lose certain tax breaks when you do that but it's an option.
2007-10-30 05:04:41 · answer #2 · answered by Oh Boy! 5 · 1⤊ 0⤋
If you are married, you must file as "Married-Filing Jointly" or "Married-Filing Separately". For most people, Jointly is usually better. Your current status as "Single" or "Head of Household" would no longer be available to you.
2007-10-30 05:07:56 · answer #3 · answered by Wayne Z 7 · 0⤊ 0⤋
You can/should file separately if you have reason to believe that your spouse may be in trouble with the IRS for any reason. By filing a joint return, you are jointly liable for any taxes due. However, there is a provision for innocent spouse relief.
2007-10-30 12:28:44 · answer #4 · answered by Steve 6 · 0⤊ 0⤋
As everyone else said, you don't have to file jointly but it is wiser if you do. I just recently got married and am finding more and more the benefits to filing jointly. Higher income tax bracket, more breaks, etc.
Please, be smart and do your research. Your finances are not something you want to be dumb on.
2007-10-30 05:09:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Married filing separately is the most expensive way to file tax-wise - Married joint is the best
2007-10-30 06:12:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
you can file separate returns as married persons. Your standard deduction as a single taxpayer will be slightly reduced when you file married filing separate. Review the instructions to Form 1040 as it relates to the amount of your standard deduction.
2007-10-30 05:04:41 · answer #7 · answered by jwetch64 1 · 1⤊ 0⤋
The catagory is Married filing seperatly
no you don't have to file together; but it usually works out better if you do
2007-10-30 05:02:48 · answer #8 · answered by wizjp 7 · 1⤊ 0⤋
You can file separately. It gives the option "Married, filing separately" So go tell your boyfriend you are right. Want proof? Go to http://www.irs.gov/faqs/faq-kw115.html
2007-10-30 05:07:39 · answer #9 · answered by miyazaki75 4 · 0⤊ 0⤋
1040 filing status
single
married filing jointly
married filing separately
head of household
qualifying widow(er)
2007-10-30 05:04:51 · answer #10 · answered by don_sv_az 7 · 0⤊ 0⤋