All married ladies out there, is it better to file taxes together with your husband or to file them separately???

Question

I'm confused as to what the difference would be and why it would matter if you filed your taxes together VS separately??? I just got married this past October

Answer

You'll get a larger deduction filing together

Answer

Together.

Answer

filing separate is for people who like to keep their expenses separated for any number of reasons. if you guys have shared accounts then file together. and like everyone else has said you'll get a better deduction together

Answer

There are pros and cons to filing jointly and filing separately. One of the big things both my husband and I can deduct is student loan interest, if we file separately. You can't deduct it if you file jointly. But, overall, we found it would save us money filing jointly. You just have to look at your finances and figure out what's most important to you in terms of deductions.

Answer

You should talk to a tax professional. Everyone's situation is different and a tax advisor will be able to assess your whole situation and help you decide what is best for you.

Answer

I must not have been doing it right. My hubs is an independent contractor and when I tried to file jointly, I didn't get any deductions and lost my whole refund!

Answer

As long as you both still are claiming single zero it won't really matter if you file together or separate. My husband changed his to married zero and they didn't take out half as much so we owed money. So filing together saved him from having to pay cause I made more money and they took out more money from me so make sure you still claim single zero but file jointly.

Answer

Joint is always better. You don't get all the credits and benefits if you file separately.

Answer

If all your other finances are together then you may well just file together. Filing separately is so you are responsible for your own tax liabilities, if one or both of you owe.

Answer

Together I personally think. But it doesn't matter what you decide one year you can file as : married & joined ; second year as : married but filing separated

All married ladies out there, is it better to file taxes together with your husband or to file them separately???

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