If you file jointly in 2023, which is recommended especially for your new-born and claiming certain credits due to MFJ now or for 2023, which some don't count if MFS. However, if one of you makes more than 150,000 it'd be OK as long as both incomes combined do net exceed 300,000 for the year and MFJ.
In addition, your modified adjusted gross income (AGI) may not exceed:
- $300,000 for married couples filing jointly
- $225,000 for heads of households
- $150,000 for all other filers
@zdhanani4
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
