topic Married Filing separately to reduce capital gains tax on investments in Get your taxes done using TurboTax

Married Filing separately to reduce capital gains tax on investments

DebLH — Tue, 10 Mar 2026 06:45:57 GMT

I retired from freelance work this year and have no income other than about $2700 from an early 2022 project. But I'll have about $30K in capital gains for 2022 on accounts I hold solely in my name.

My spouse has a six figure income.

Can I file separately to reduce my capital gains tax?

And given a similar income situation for 2023, could I do a ROTH conversion next year while filing separately, to reduce my capital gains tax?

Re: Married Filing separately to reduce capital gains tax on investments

Bsch4477 — Thu, 17 Nov 2022 00:20:56 GMT

Almost always filing jointly is a better choice. Do it both ways before you decide to file separately.

Re: Married Filing separately to reduce capital gains tax on investments

DebLH — Thu, 17 Nov 2022 00:28:20 GMT

Is "doing it both ways" easily done in Turbo Tax?

Meaning, will all the data I've entered translate back and forth as I click Married Filing Jointly or Separately?