MDuerst
New Member

Allocating interest profits when filling married but separate.

My husband and I always file separately in Ohio for the best refund. Yes, I always run the numbers in every way possible and it is for sure the best way to do it. This is mainly because I work part-time, I just barely qualify for 50% of the retirement savings credit. If I file with him I get none. I have a high-yield savings account in my name. Well, the interest I earned this year put me into the 20% bracket, which is better than filling jointly but not by much. I am wondering if I am allowed to but the high-yield earnings on his taxes. All of our expenses are combined. This would give us the maximum refund possible. Does anyone know if that would be allowed?