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Level 1
June 1, 2019
Solved

My wife made 5800 what is my best option?

  • June 1, 2019
  • 1 reply
  • 27 views
I made a total of 46400
Best answer by null725
Married Filing Joint is almost always the best filing status. You get a personal exemption for each of you, you get the highest standard deduction, and the lowest tax rates.
The only other option is Married Filing Separately which is the absolute worst filing status.

1 reply

null725Answer
Level 13
June 1, 2019
Married Filing Joint is almost always the best filing status. You get a personal exemption for each of you, you get the highest standard deduction, and the lowest tax rates.
The only other option is Married Filing Separately which is the absolute worst filing status.