Wednesday, January 13, 2010

Can a married couple file taxes seperatley?

My husband got his W2 already, and we were wondering if we have to wait for my w2 to come, or can we file seperatly?Can a married couple file taxes seperatley?
You lose a lot of benefits if you file separately, but you CAN do this. Typically though, it's financially advantageous to file jointly unless your accountant or tax pro gives you a specific, compelling reason to file separately.





Generally speaking, without knowing your particular situation, I'd advise you to be patient and wait for the other W-2. Your employer MUST have it to you by January 31.Can a married couple file taxes seperatley?
Yes,but you might want to check on the difference in refunds both combined and seperate. You can estimate that and then make your adjustments on www.taxact.com for free.
You can file ';Married-Filing Jointly'; or ';Married-Filing Separately';. Filing Jointly usually gives you a better answer.





Wait for your W2!!!!
You can; but I'd figure them both ways and make sure it makes sense to file that way instead of just waiting to get the most back, not the fastest back
You may file separately but only one can claim head of house and or dependent children if you don't have property together or joint bank acct or hold stocks or any other tangible assets jointly
Yes, you can file separately. there is a checkbox on the 1040 for 'Married filing separately'





Hope this helps!
i believe u can file seperately but if i were you i would call H%26amp;R block or Jackson Hewitt just to be sure
Wait for your W2. It is to your benefit to file jointly. And don't do a ';rapid refund';. It costs way too much. If you e-file, you'll get your refund very quickly.
You can file separately, but be warned: For most people, it's more advantageous to file jointly because you'll get a bigger joint return than you would if you filed separately, even if you combined your respective returns. The only exception to this rule is households where the income of one or both persons exceeds $80,000.00 a year -- in that case, it might (and I stress the word MIGHT) be better to file separately.
You get a better refund if you file jointly.





It also makes it easier to do deductions when you file joint than opposed to filing separately.





If you use turbotax, you can go ahead and plug in his W2 info and put your in once you get it.

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