Any Tax guys here???

Schneed10 · 01-27-2007, 01:59 PM

Usually filing jointly is best. If you make the same amount of money as your wife, filing jointly doesn't save you very much, if anything at all, but it's just easier for recordkeeping purposes. If you make very different amounts of money, then filing jointly saves you money.

Filing separately typically only makes sense when one spouse had to pay crazy medical bills out of pocket, or had mad casualty losses or something (itemized deductions).

But there are exceptions to everything. Doesn't turbotax have a way to determine which is the best way for you to file?

01-27-2007, 01:59 PM	#3
Schneed10 A Dude Join Date: Feb 2005 Location: Newtown Square, PA Age: 46 Posts: 12,458	Re: Any Tax guys here??? Usually filing jointly is best. If you make the same amount of money as your wife, filing jointly doesn't save you very much, if anything at all, but it's just easier for recordkeeping purposes. If you make very different amounts of money, then filing jointly saves you money. Filing separately typically only makes sense when one spouse had to pay crazy medical bills out of pocket, or had mad casualty losses or something (itemized deductions). But there are exceptions to everything. Doesn't turbotax have a way to determine which is the best way for you to file? __________________ God made certain people to play football. He was one of them.

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Any Tax guys here???

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