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Return is lower when filing jointly with spouse
This is my first time filing taxes with my spouse jointly. However, I noticed that the return went down by about 70% as soon as I included my spouse’s income. Is that ok? Our joint incomes are still well below $200k a year.
I have always heard filing jointly will be best but in my case is affecting the return by a big amount.
Is it better to file separately?
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March 2, 2023
2:58 PM