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The Concept of Being Married, But Considered Unmarried For Tax Purposes
The general rule for married taxpayers filing their tax returns is that they can only file Married Filing Jointly (MFJ) or Married Filing Separately (MFS). There is, however, a very important exception...
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Why Choosing Married Filing Jointly Might Not Be Your Best Option
Most married taxpayers automatically tend to choose the Married Filing Jointly filing status, because they enjoy being taxed at the lowest rate, and also because there are certain tax breaks they might...
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Choosing The Correct Filing Status – Married Filing Jointly (MFJ)
Marital status is decided based on a person’s marital status on December 31. If a couple is married on December 31 of the tax year; that couple may file a joint return for the year, regardless of when...
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