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Rich C
Rich C asked in Business & FinanceTaxesUnited States · 6 years ago

Taxes, if i made $96k and wife made $40K should we file joint or seperate?

Update:

one child

4 Answers

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  • tro
    Lv 7
    6 years ago
    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
    Lv 7
    6 years ago

    Probably joint. This would result in the same tax as if you both made $68 K

  • ?
    Lv 7
    6 years ago

    It is better to file jointly 99% of the time.

  • Judy
    Lv 7
    6 years ago

    joint

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