LeticiaF1
Expert Alumni

Get your taxes done using TurboTax

If they learn about the differences between Married Filing Joint and Married Filing Separate, it might be easier for them to decide what status to use.  

 

What do married filing jointly couples get?

Married Filing Separately?

  • Lowest standard deduction
  • Automatically disqualified from several of the tax deductions and credits mentioned earlier.
  • Smaller IRA contribution deduction.
  • Can't take the student loan interest deduction.

For more information see the TurboTax help article How Should You and Your Spouse File Taxes? Married Filing Jointly vs Separately.

 

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