pk
Level 15
Level 15

Get your taxes done using TurboTax

@Blueclouds  my two cents ( and if I assume that  your wife will eventually come back to USA and work  either at the same entity or a different on),  would be  to let the accounting firm do the her Indian filing  ( as only she would have Indian tax liability, and you do the  US return covering MFJ.  I say this  because when she comes  back  you will have to pick-up from  what the accountant have done for her US filing ( She as a US person is taxed on her world income for the calendar year by the USA and Distinct from her Indian taxes.   I fully understand that this will be hard on you now but is better prepared for later.

 

The other option is  you file as MFS, do your own taxes  (  not that  your state taxes may get a bit confusing  if you live in a community property state like CA ).  Then   when her filings are  completed, you do a dummy prepare it again on your own for the wife --  this way you will be familiar with  what was done by the accountants.  Will make the future transition easier.

 

If you have time you could try it both ways  and see which is more tax beneficial --  doing it as joint will raise your tax bill a bit ( higher  marginal tax rate possibly ) but doing  MFS will reduce  your  own  deduction.  I say this because depending your  individual  world incomes  it may or may not make a huge difference.

 

I hope this helps.

 

Namaste ji

pk