My wife and I got married late in the year. I have two mortgages that with interest that puts me way over the standard deduction for filing separately. These payments have been from an account controlled by only me. I am unsure how to interpret the IRS guidelines on filing separately when it comes to a situation like this. Is there a circumstance that I can file separately Itemized and she files separately Standard? We've already looked at filing Joint and we are trying to determine our best savings on taxes.
I am also confused by how to fill out Form 8958 if we file separately.
