Taxes, if i made $96k and wife made $40K should we file joint or seperate?
one child
one child
tro
Favorite Answer
will you used the standard deduction or will you itemize? that is your snag with filing separately, you must both use the same method and this might be harmful to one or the other of you
the married filing separately rate is the same as single and higher than filing jointly
Max Hoopla
Probably joint. This would result in the same tax as if you both made $68 K
Slickterp
It is better to file jointly 99% of the time.
Judy
joint