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How does the two income marriage deduction work?
Hello,
could someone please explain in detail what the two income marriage deduction is? While doing our taxes the following came up:
Allocate Federal Amounts to my husband (what does that even mean?)
Taxable State Refunds - Total $0 - husband (with a blank space to enter $ amount)
Child and Dependent Care Expenses - Total $3,000 - husband (with a blank space to enter $ amount)
I am not sure what to enter, or should I even enter anything or leave blank and move on with the automatically calculated dollar amount of $1,200 on the previous page regarding the two income marriage deduction?
Any insight would be super helpful - thank you!
‎February 7, 2023
11:52 AM