Wow, you've figured out how to get double your refund.....nobody else, even all those actually smart enough about financial things to NOT end up in bankruptcy...haven't.
Of course not. Once any ID number is claimed as a dependent of one, it can't be used as a dependent on another return (or on it's own) for that matter. And many other reasons....including it would be criminal to both say you support them over 50%...which qualifies them as being dependents...etc.
Listen....again...your probably better off just trying to do/understand the basics and actually get by without trying to think of ways to get too many advantages by playing games....heck...if your bankrupt...taxes shouldn't be much of your concern at all! (Like where does a $2K refund come from...you don't get refunds for having dependents...just deductions to income).
It is when an indivdual (or married couple) file for bankruptcy rather than a business or corporation.
When you are living with someone they are not included in your bankruptcy. If you are paying them rent, then the money you pay is an expense and will be considered for bankruptcy.
You are entitled to their assets if you are married, because they are your assets as well. Certain things that require joint filing like bankruptcy cannot happen while they are in prison.
My spouse and I filed 3 weeks after our marriage. I was told that it could be done immediatly.
One spouse can file bankruptcy separately and both are held responsible.
“HOW I FILE MARRIED FILLING SEPARATE STEP BY STEP”
Yes; however, you may be precluded from receiving a discharge.
Not if the debts were actually discharged in the bankruptcy. In regards to the cost of the bankruptcy if the couple were still legally married then that too is not recoverable.
Either spouse may file a separate bankruptcy. However, if they are joint debts the non-filing spouse will be responsible for repayment. If the spouse is the sole debtor the non-filing spouse might still be responsible if they reside in a community property state.
Married Filing Separate will withhold a higher amount than Married Filing Joint. That is the only difference as far as withholding goes.
you can state married filing separate if you want.
If you are legally married, then yes.