Thursday, December 31, 2009

Can married people file tax returns as single?

I got married last year and we both are working. But earlier both of us mentioned as single in our W-4s. So my questions are:


1. Can we file as single now?


2. Will there be any prolblems if we file as single as we are married now?


3. What is the best option to file tax for us?





Thanks in advance!Can married people file tax returns as single?
The IRS requires you to use your marital status on the last day of the tax year for determining your filing status. Since you are married, you have two options, Married Filing Jointly or Married Filing Seperately. Your W-4 does not affect your filing status, just the amount of withholding on your income. Typically, you will be better off if you file as MFJ.Can married people file tax returns as single?
Two choices - Married filing separate (not single) or married filing joint. Joint is usually better, pretty sure it will be for your situaion.
Your marital status on the last day of the year determines your status for the entire year. You must file as married.





Filing as single is very costly anyway!





Good luck!
You may not file as single. You have two options: (1) You can file as Married Filing Jointly (which is the best option) or (2) you can file as Married Filing Separately, which carries the highest rates and penalizes you.
No, you can't file as single if you were married as of the end of 2007. Filing as single would be illegal. Your best option is to file a joint return. Your only other legal option is married filing separately.
Your choices are Married Filing Joint and Married Filing Separate. Although you get taxed potentially more as a married couple, you really get hurt (generally) if you go the separate route.
You must file as married, filing separately. I have tried the numbers both ways and have found that it is always better for me to file a joint return.
No you can't





Yess you can go to court and mayb be fined for wong information





do it the way it says for ur situation
no it is a illegal
yes you can.you both have to file as 'married filing single';
Yes, you can file single but it probably won't gain you much individually and will most likely hurt more overall. Married couples get tax breaks. A lot depends on how you claim through out the year, if you contribute to an IRA, Roth's and so much more. You may want to learn the deductions rules. The more you can write off your income, the better you will do at tax time. Keep records and do it legal.

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