Are you married but filing taxes as Single? You should NOT be - TopicsExpress



          

Are you married but filing taxes as Single? You should NOT be doing this. You can file Married Filing Separately but you must file married. The filing status you choose for your tax return affects the taxes you pay in several ways. Your filing status determines the standard deduction you can use, the tax credits and other incentives you may qualify for and even the tax rate that your tax debt or refund is calculated at. You can file as a single person only if youre unmarried or legally separated pending divorce or other court action on the last day of the year; otherwise, you must file using your proper status. The only way that you could file as Single while youre married is to qualify as being considered unmarried by the IRS. This status generally refers to people who are separated pending divorce, though in some cases state law may allow for other forms of legal separation that qualify you as unmarried in the eyes of the IRS. You have to have a separate address from your spouse and some form of legal action drawing a distinction between you; otherwise, youre still considered married even if you arent living with your spouse at the time.
Posted on: Mon, 29 Dec 2014 00:28:21 +0000

Trending Topics



ll

Recently Viewed Topics




© 2015