 Earned income credit? |
| is it true that as long as im a child support paying parent iam entitled to claim this credit every other ... |
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 Ia m getting ready to file taxes, can I write off my bedroom set? |
Additional Details
Thanks guys, I just did not know so I did ask, and no its not for business :)... |
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 Do you have to file tax reports if you're in jail? |
Even if you have no physical access to income
Additional Details
How do ya'll know so many - and different - answers?
BTS what happens if you don't file it, do you ... |
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 I've been claiming 0 on my W-4 for the last few years and continue to owe on my taxes, any suggestions? |
| I am married, we do not own a home and try to deduct as much as we are able to. It's very frustrating, because usually when we do just my husband's taxes we get a refund, add my into the ... |
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 TAXES: Why was form rejected for listing daughter as dependent? |
| She is 18 and dependent on us. Husband in Iraq, filed taxes as married filing seperately (divorce in process), says he did not claim her as a dependent. Her taxes were accepted (marked that she was ... |
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 Do I count as Unemployed or Self-Employed? |
| I'm a writer. I hardly make any money yet but I'm keeping at it. I live with my dad at age 21 and dropped out of college. I have no other paid job. I'm not actively looking for ... |
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 Can I give my employer a photocopied P45? |
| I am starting a temp job, but I have a permanent one lined up too, starting 2 weeks after the temp. I have one P45 which I'd rather give to the permanent employers, but if I do a P46 for the ... |
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 If I am behind in my childsupport and have to file taxes ? |
| how much can they take if I am remarried and can my new wife file if she does not have a income??... |
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 How long does it take the irs to accept my return after I efile? |
| I was looking on line and if I efile before 11am on the 14th will they accept my return before 11am on the 16th? (So that the direct deposit can be send through on Friday the 23th and hopefully clear ... |
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litosone143 | What is the best way to file taxes when getting married, and we both have children from a previous marriage? |
My fiance and I have children from another relationship, I have 2 and he has 1. Im concerned when we get married we will have to file jointly and we will lose that extra money. When married can we still file seperate and claim our own children on our taxes. Neither one of us plan on adopting the others children. I get at lest 4-5 thousand and he gets $2000, will we get less back filling together? |
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Rob
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If you file separately neither of you will be eligible for the EIC and filing separately can also exclude or elimination other credits and deductions. Usually it is more beneficial to file Jointly, |
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Leo Lion
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From my experience working with H&R Block, you will need to try both ways of filing, and use the method that gets you least taxes owed.
In the vast majority of cases, married filing jointly works best. |
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SG Elite
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Work on the joint numbers versus separate filing and see which allows you for lesser tax payable. |
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Judy1
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You won't have to file a joint return, you can still file separately, but your status would be married filing separately, not single or head of household. You'll almost surely pay less total tax between you if you file a joint return rather than separate returns.
Whether you file jointly or separate, you will still be able to claim the children as dependents, and take the child tax credit if they're young enough. Filing jointly you'd still be allowed to take dependent care credit and EIC if you're eligible - filing separately you could not take either. On a joint return, your EIC eligiblility would be calculated on your joint income - again, if you are married and file separate returns, you don't get EIC.
For tax purposes, it doesn't matter whether you adopt the other's children or not. |
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kelannde
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You both get so much money back now because you both file as Head of Household. You won't be able to do that if you are married, even if you file seperately.
Next year when tax time rolls around, try it both ways -- married filing seperate, or married filing jointly. I think you will find that filing together will be better than filing seperately |
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norcekri
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Once you're married, you lose the second "head of household" benefits, although there are still various benefits for married couples with dependent children (three between you). As several others said, you need to work out the taxes both ways. For instance, if one of you makes very little and qualifies for various low-income goodies, you could have a benefit to filing separately. However, if you make roughly the same amount (in the same tax bracket), it's probably better to file jointly.
Still, work it out both ways this first year, so you know the issues you're facing. I've been there: dependent step-child, disparate income, and it was *still* better to file jointly.
Your mileage may vary. Void where taxed, regulated, or bearing side effects of drowsiness. Do not take advice while standing in water or near electrical lines. Do not operate this advice while under the influence of PBS. Misuse of this advice may result in serious infamy, or even debt. |
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tomwizz1
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You should file jointly. By filing separate you take a bigger hit because only one of you can itemize. On rare occasions filing separately make work, but it's doubtful. If your still not sure trry it both ways and see which one works better. I'm betting that joint will come out much better. |
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$Sun King$
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It's a story...
of a lovely lady...
dumm deee dumm de
hair of gold...
like their mother....
the youngest one in curls...
dumm dee dah dumm. |
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