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Diva
I am what I am
Member since 12/05 2825 total posts
Name:
Jennifer
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Tax filing question
Even though we got married in Oct 05, do we have to file jointly, or can we file as single? We have no kids. TIA.
Message edited 3/7/2007 2:26:51 PM.
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Posted 3/7/07 2:26 PM  |
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Long Island's Largest Bridal Resource |
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Tax filing question
i dont believe you can file single, bc you arent - but you can file married, filing separately - but im not an accountant...
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| Posted 3/7/07 2:27 PM |
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Kate07
Feel better my little guy!
Member since 5/05 4476 total posts
Name:
Kate
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Re: Tax filing question
you can file as Married Filing Separately
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| Posted 3/7/07 2:28 PM |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: Tax filing question
Our accountant told us to file married jointly (we got married in june) as that will get us the most $$ back.
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| Posted 3/7/07 2:32 PM |
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Diva
I am what I am
Member since 12/05 2825 total posts
Name:
Jennifer
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Re: Tax filing question
Posted by CaMacho
Our accountant told us to file married jointly (we got married in june) as that will get us the most $$ back.
That's what I thought, but we are getting half the amount of money we usually get. 
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| Posted 3/7/07 2:36 PM |
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DanaRenee
Fitness Junkie!
Member since 6/06 6470 total posts
Name:
Dana
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Re: Tax filing question
I am an accountant and your accountant should be able to enter all of the information in the tax return program and specifiy which income items came from either your or your spouse. Then, the program can calculate it both ways (filing married seperately or joint). I would imagine you'd benefit more from filing joint but you never know until all of the info is actually layed out.
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| Posted 3/7/07 2:41 PM |
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Diva
I am what I am
Member since 12/05 2825 total posts
Name:
Jennifer
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Re: Tax filing question
Posted by DanaRenee
I am an accountant and your accountant should be able to enter all of the information in the tax return program and specifiy which income items came from either your or your spouse. Then, the program can calculate it both ways (filing married seperately or joint). I would imagine you'd benefit more from filing joint but you never know until all of the info is actually layed out.
Thanks! 
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| Posted 3/7/07 3:21 PM |
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salumunz
Chloe
Member since 1/06 1554 total posts
Name:
Patty
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Re: Tax filing question
Posted by DanaRenee
I am an accountant and your accountant should be able to enter all of the information in the tax return program and specifiy which income items came from either your or your spouse. Then, the program can calculate it both ways (filing married seperately or joint). I would imagine you'd benefit more from filing joint but you never know until all of the info is actually layed out.
Our accountant did this for us. He entered all the info for filing joint and seperately and then we went with the one that gave us more money.
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| Posted 3/7/07 3:27 PM |
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RM23
LIF Adult
Member since 5/06 997 total posts
Name:
Rachel
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Re: Tax filing question
We are getting back less this year too. I thought we had a choice to file single or married, but the other girls are right. If you are married, you can either file married but filing seperately or married and filing jointly.
Both ways, worked out to be less money than if we were single.
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| Posted 3/7/07 3:57 PM |
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Kristin616
Member since 8/06 3595 total posts
Name:
Kris
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Re: Tax filing question
I think we are filing seperate since we got married at the end of the year. I need to speak to the accountant when we go but over the phone he said that looks like our best deal.
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| Posted 3/7/07 8:59 PM |
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SupportACop
Momma's Boy & Lovin' it!!
Member since 5/06 2579 total posts
Name:
C
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Re: Tax filing question
We were married last April and got back so much this year, I am also finishing grad school but we are so happy to get back what we got...
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| Posted 3/7/07 9:10 PM |
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MrsS2005
Mom of 3
Member since 11/05 13118 total posts
Name:
B
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Re: Tax filing question
Although I'm sure many people do it, it's illegal to file as single if you're married. I don't know what the penalties are if people actually get caught, but I'd just file either as married joint or married separate.
If you're a two income household, you most likely fall victim to the marriage penalty (owe more taxes/get less back than you would if you both filed as single). This is b/c the federal tax schedule treats your income as the only income in the household. Once you add your spouse's income, that usually puts your household income in a higher bracket (and subject to a higher tax rate).
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| Posted 3/8/07 10:43 AM |
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