Thank you for the detailed answer, ReneV4, much appreciated!
I'm happy to follow the method you outlined and I can see how this will result in correct tax calculations on both of our returns. I considered this, but I wasn't sure if IRS will accept the reports given that the various 1099 (INT, DIV, B) and W2 forms won't match the originals. For my piece of mind, is there a particular IRS publication I can refer to documenting this method? Or, is your recommendation based on positive past experience filing MFS in this way?
A couple of follow up questions:
- we both paid estimated taxes, while close in amounts, these don't alway match; should we total and split 50:50 the est. tax payments as well?
- I have a rental unit income (got a 1099-MISC from the prop mgmt company). Following your recommendation, we'll split the income, but that implies also splitting the related expenses. To keep things simple(r), can I file the expenses "as is" on only one of the reports (mine, since I'm the single owner of that rental property) despite that this will result in slightly different (lower) tax due on my report?
Many thanks for your help!
