How to figure out if better to file jointly or separately?

[kerry-kiang]

Is there a tool in Turbotax to forecast current single filing better or vs if married to file jointly?

Thank you!

[Anonymous]

Hi,

You can certainly go through the my info/personal info section at the beginning of TurboTax, and change the status from married filing jointly to married filing separately to see which filing status benefits you most.

There are 2 separate TurboTax fees for filing separately, whereas there is one fee for filing jointly, there may be states to add too.

It is usually better to file jointly.

Here is a TurboTax article showing which filing status benefits you:

https://turbotax.intuit.com/tax-tips/marriage/should-you-and-your-spouse-file-taxes-jointly-or-separ... 

Thank you,

John

CPA