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Deductions & credits
@Fred12345 Did you read anything we posted for you? You will give up earned income credit, childcare credit and have less income on each of your returns for the child tax credit if you file separate returns. The refundable child tax credit is based on the amount of income you earned.
It is not easy to compare MFJ to MFS using online TT but you can do it. Since you only get one return for each account and user ID, you have to use 3 accounts and user ID’s—one for MFJ and two for each of the MFS returns. Compare, choose, and file—and pay—accordingly.
It is much easier to do this comparison using the desktop version of TT installed from a CD or downloaded to your own computer. You pay once for the software and you can prepare multiple returns easily, and it has a “what if” feature that allows comparisons.