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Wedding Forums > For Newlyweds Only > Filing joint or separately
Filing joint or separately
KarenB Posted: Aug 10, 2004 02:50 PM+
KarenB MEMBER SINCE: 1/03 TOTAL POSTS : 681 WEDDING DATE: May 15, 2004
Posted: Aug 10, 2004 02:50 PM bride-minus.png

Filing joint or separately

Can anyone explain the difference between filing jointly or separate but married.

Thanks.


Karen



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littlecat Posted: Aug 11, 2004 09:47 AM+
littlecat MEMBER SINCE: 2/03 TOTAL POSTS : 1329 WEDDING DATE: Aug 02, 2003
Posted: Aug 11, 2004 09:47 AM bride-minus.png

Re: Filing joint or separately

Is there a reason you would want to file 'married filing separate'. You can get less money back if you do that.
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KarenB Posted: Aug 11, 2004 10:31 AM+
KarenB MEMBER SINCE: 1/03 TOTAL POSTS : 681 WEDDING DATE: May 15, 2004
Posted: Aug 11, 2004 10:31 AM bride-minus.png

Re: Filing joint or separately

I was just wondering exactly what it meant, i.e. why is there even that option.

We'll file whichever way gets more money.
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november12003 Posted: Aug 11, 2004 10:35 AM+
november12003 MEMBER SINCE: 8/03 TOTAL POSTS : 781 WEDDING DATE: Nov 01, 2003
Posted: Aug 11, 2004 10:35 AM bride-minus.png

Re: Filing joint or separately

All I know is that it's more beneficial to file jointly. There are only rare cases where separate filing is better.
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littlecat Posted: Aug 11, 2004 10:58 AM+
littlecat MEMBER SINCE: 2/03 TOTAL POSTS : 1329 WEDDING DATE: Aug 02, 2003
Posted: Aug 11, 2004 10:58 AM bride-minus.png

Re: Filing joint or separately

Some people probably don't want to file married joint because they don't want to be responsible for what the other person is putting on their tax return maybe.
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myasmom Posted: Aug 11, 2004 05:31 PM+
myasmom MEMBER SINCE: 1/04 TOTAL POSTS : 2599 WEDDING DATE: May 29, 2004
Posted: Aug 11, 2004 05:31 PM bride-minus.png

Re: Filing joint or separately

We are filing separately. But then again we have a kid so its beneficial for the one making the least to claim her.

I dont know why but some people getback less when filing jointly. Some it doesnt matter. DOnt know what formula there is to it
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