Hello, thanks for the answer. I want to provide you with some more information here:
I am using the desktop version. My husband's income is a lot higher than mine (his tax rate bracket is 32% and mine is just 22%). If I file separately, I would be able to get back the $1400 credit myself (we did not get the 3rd stimulus check because of filing jointly for 2020). However if we file jointly we will fall into 24% probably, but I am still curious regarding how much the difference would end up, since $1400 is a big number.
That is why I tried to get an accurate comparison to see what the outcome would be if we choose to file separately for 2021. We don't itemize nor we have any other kinds of credits so those won't be an issue when it comes to the final decision.
My problem here is that:
1. The what-if worksheet equally split the investment income between the two of us. But I want mine to just be what's on my 1099-B and his just be his. I don't know how Turbotax can do so. Otherwise I have to prepare 3 returns, one MFJ, one MFS for me and one MFS for him to do the comparison. It is a lot more time-consuming this way.
2. If we are going to file separate returns, how Turbotax would know how to prepare the form 2210 for him since his company did not withhold enough for him.
Thanks!
