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November 16, 2022
Question

filing married jointly or separately

  • November 16, 2022
  • 1 reply
  • 1 view

one spouse makes a considerable amount more income than the other ... would it be advisable to file separately?

    1 reply

    Employee Tax Expert
    November 16, 2022

    Filing married filing separately is rarely beneficial in lowering you income taxes. You can always try by preparing 3 tax return,  in essence, yours, mine, and ours.  If you live in a community property state, married filing separate is not an available option due to the fact that everything is divided equally.

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