Usually it is more beneficial to file as married filing joint than it is to file as married filing separate. To answer your question you will have to prepare a return both ways using the correct standard deduction for each filing status and if one itemizes the other should itemize also as the others standard deduction is -0-. If you do not itemize then the standard deduction for each is $5,700 for 2009.
For more information go to the IRS.gov web site and use the search boxes for the publication and tax topic. Publication 501, Exemptions, Standard Deduction, and Filing Information Tax Topic 353, What is your filing status Publication 504 , Divorced or Separated Individuals
And if you live in a community property state you could have other considerations to think about.
You may be able to claim itemized deductions on a separate return for certain expenses that you paid separately or jointly with your spouse. Deductible expenses that are paid out of separate funds, such as medical expenses, are deductible by the spouse who pays them. If these expenses are paid from community funds, the deduction may depend on whether or not you live in a community property state. In a community property state, the deduction is, generally, divided equally between you and your spouse. For more information refer to Publication 555, Community Property.
Not as long as you are still legally married on the last day of the year. Married filing jointly or Married filing separately. NOT as a single taxpayer.
Married filing Jointly
If my husband makes $75,000 in 2011 filing married and zero and I make $34,615 filing married but at a higher single rate and zero plus $25 will we owe taxes or get a refund?
In some cases, such as both spouses working, married people find that not enough tax is being withheld at the married rate, which is the second lowest tax rate after head of household. To solve this, married people can check the 'Married but withhold at higher Single rate' choice in box 3 of Form W-4 [Employee's Withholding Allowance Certificate]. But when it's time to file their tax return, a married person who's having tax withheld at the Single rate would file as Married Filing Jointly. The difference between the higher Single rate and the lower Married Filed Jointly rate can vary from $1 to over $800.
Choose the filing method that gives the lowest tax rate; married filing jointly or separately. Info on the W2 is used to determine the amount of taxes taken out of your paycheck.
The available filing statuses for federal income tax returns are: Single Married Filing Jointly Head of Household Married Filing Separately Qualifying Widow or Widower No, there is no filing status for Single Filing Jointly.
Married people can file jointly or separately, never as a single person.
No, you cannot file as single on your taxes if you are married. You must file as either married filing jointly or married filing separately.
No, you cannot file as single on your tax return if you are married. You must file as either married filing jointly or married filing separately.
Not as long as you are still legally married on the last day of the year. Married filing jointly or Married filing separately. NOT as a single taxpayer.
No, if you are married, you generally cannot file as single on your taxes. You would typically need to file as either married filing jointly or married filing separately.
Married filing Jointly
No, you should not put "single" on your W4 form if you are married. You should select the appropriate marital status option, such as "married filing jointly" or "married filing separately."
No, you cannot file as single on your taxes if you are married. You must either file jointly with your spouse or separately as married filing separately.
No, you cannot put "single" on your W4 form if you are married in 2022. You should select the appropriate marital status option on the form, such as "married filing jointly" or "married filing separately."
The main difference between married filing separately and single tax filing status is that married filing separately is for married individuals who choose to file their taxes separately, while single tax filing status is for individuals who are not married or are legally separated. Married filing separately may have different tax implications compared to filing as single, such as different tax brackets and deductions.
When filing a W-4 as married filing jointly, both spouses combine their income and deductions on one tax return. This can result in a lower tax rate and higher deductions. When filing as single, only one person's income and deductions are considered, which may result in a higher tax rate and lower deductions.