alekceu11
Returning Member

Married filing jointly vs Married Filing Seperate - Pros & Cons?

Hi, would like guidance on which is the better option - Married Filing Jointly vs Married Filing Separately. Thank you very much in advance. I have the PC TurboTax Premier Version.

 

Our situation:

No Kids

We did not go to college, do not have student loans

Wife did not work (only doordash $700 income)

I worked full-time, W-2 employer, $94k income

We rent apartment in NJ, do not own any rentals/farms/other property, own 1 vehicle

I did not have HSA/FSA, I did have $4000 Lasik treatment in 2021

Paid $3000 for green card process for wife (is any part reimbursable?) 

I did minor stock trading, no crypto (less than 4000 gains)