Like the title says, from the filing process and tax questions to tax policy and reform, you can search and share All Things Tax here. This is the place to find answers to all your general questions that don't fall under the other categories. And just a reminder: questions about software or online filing should be posted in DIY Products.
03-13-2018 08:41 AM
My husband is an independent contractor and usually owes a few thousand in taxes at tax time. Would it be better for us to file separately so I am not responsible for his taxes? He and I are currently married but not together, own a home together and have 2 kids. Any help would be greatly appreciated
03-13-2018 02:19 PM
Generally speaking it is nearly always better for the taxpayer to file Married Filing Jointly. The actual tax rate is just a little
lower with MFJ vs. MFS. Also if you have any credits available to you, most of them go to $0 when filing Married Filing Separate.
You might want to consider filing jointly and also filing an injured spouse form. That way you could possibly "protect" your portion of the refund.
Hope that provides some insight!
03-13-2018 03:28 PM
As recommended below, file the Injured Spouse form! I do it every year because it is my income and they try to take my return for my husband's school loans. I file the Injured Spouse form and get my refund!