SwapnaM
Employee Tax Expert

Get your taxes done using TurboTax

@newmawm707 Thanks for the question!!

Based on the information provided, you can use either the Married Filing Jointly(MFJ) or married filing separately(MFS) status. Generally, filing jointly (one tax return instead of two) will give you a bigger refund or less taxes due. While filing separately, your tax rate is higher & you are not eligible for some credits.  You can compare your estimated taxes for filing jointly vs. separately with TaxCaster.  

 

Also look at the following link to understand more about the credit not allowed for MFS & circumstances why you would file MFS.

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/better-married-couple-file-join...

 

The children can be claimed as dependents on your return. Who can I claim as my dependent? 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"