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jhomsley
New Member

If I made less than the federal taxable minimum, and my wife made well over the minimum. should we file jointly? do I need to claim that when I didn't receive a 1099?

I did not receive a 1099 for my income because it was bellow the federal threshold. do I need to claim it when filing jointly? is filing jointly the best option?
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3 Replies

If I made less than the federal taxable minimum, and my wife made well over the minimum. should we file jointly? do I need to claim that when I didn't receive a 1099?

A joint return is almost always better.

 

If you were legally married at the end of 2022 your filing choices are married filing jointly or married filing separately.

Married Filing Jointly is usually better, even if one spouse had little or no income. When you file a joint return, you and your spouse will get the married filing jointly standard deduction of $25,900 (+$1400 for each spouse 65 or older)  You are eligible for more credits including education credits, earned income credit, child and dependent care credit, and a larger income limit to receive the child tax credit. 

 

If you choose to file married filing separately, both spouses have to file the same way—either you both itemize or you both use standard deduction. Your tax rate will be higher than on a joint return. Some of the special rules for filing separately include: you cannot get earned income credit, education credits, adoption credits, or deductions for student loan interest. A higher percent of your Social Security benefits may be taxable. Your limit for SALT (state and local taxes and sales tax) will be only $5000 per spouse. In many cases you will not be able to take the child and dependent care credit. The amount you can contribute to a retirement account will be affected. If you live in a community property state, you will be required to provide additional information regarding your spouse’s income. ( Community property states:  AZ, CA, ID, LA, NV, NM, TX, WA, WI)

 If  you are using online TurboTax to prepare your returns, you will need to prepare two separate returns and pay twice.

 

https://ttlc.intuit.com/questions/1894449-married-filing-jointly-vs-married-filing-separately

https://ttlc.intuit.com/questions/1901162-married-filing-separately-in-community-property-states

https://ttlc.intuit.com/questions/1894449-is-it-better-for-a-married-couple-to-file-jointly-or-separ...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

If I made less than the federal taxable minimum, and my wife made well over the minimum. should we file jointly? do I need to claim that when I didn't receive a 1099?

Joint is almost always better.  What kind of 1099 did you get?  If it is a 1099NEC or 1099MISC you have to file it for over $400.  You enter all income for both of you on the Joint return.  

 

If you  didn't get a 1099 and got paid in cash, that is self employment income and you have to report it all and pay self employment tax on $400 or more.  

If I made less than the federal taxable minimum, and my wife made well over the minimum. should we file jointly? do I need to claim that when I didn't receive a 1099?

"I did not receive a 1099 for my income because it was bellow the federal threshold. do I need to claim it when filing jointly? "

 

 

If you made even $400 of self-employment income you are required to file a tax return.

 

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

 

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

 

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

 

 

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

 

 

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

 

 

https://turbotax.intuit.com/tax-tools/calculators/self-employed/

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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