wafco33
Returning Member

was MF Joint, now MF Separately

After years of filing jointly, selling a rental property in one spouses name seems beneficial to file MFSep since we have no credits and take standard deduction.

 

Does filing this year as MFS have ramifications for next year, ie, must also then file MFS or does it get complicated going back and forth, MFJ to MFS then back to MFJ next year?