DavidT0202
Expert Alumni

Get your taxes done using TurboTax

Hi @Taylor Abele 

 

Let me break down your questions: 

 

  1. What are the major pros/cons for us to filing jointly or separately when it comes time for 2023 taxes?
    1. If this effects the answer, her yearly salary (before tax) will be just over twice what mine is


      Filing a joint Federal return will get you the best tax breaks.  In your situation, you will also need to file a NC and WI return but can do so as Married filing Separate according to those state laws. (This does vary from state to state, so always make sure to check the laws in your state).  I did check WI and NC and both allow this. 

  2. If we file jointly, will WI try to tax my NC income, and vice versa?

    You will file separate return in each state only claiming the income made in that state.   In order to do this and still file Jointly on Federal, you will need the Desktop version of TurboTax.  You will first create a Joint Federal return and save it (This one will be efiled).  Then you will have to create 2 federal returns as MFS (These will not be efiled)  and only file the States from that return.  Our Tax experts are always available to help with this. 
  3. Are we eligible to file jointly if her income and residency will be fully WI and my residency and income will be fully NC?

    On the Federal return yes, as for the state returns, it will be better to separate them. 

 

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