Tuesday, August 24, 2010

Married Filing Joint with Injured spouse?

I was married in June of 08, my husband owes back child support as well as back taxes, And is self employed I know that if I file Jointly my return will be kept. But can I file jointly and immediately file an injured spouse form when sending in my paper work? Or should i keep myself safe all together and file separate? What is the best way to get the most money back QUICKLY!Married Filing Joint with Injured spouse?
i dont know much about an injured spouse form but i'd file seprately to be safe.


it all depends on the deductions you'll be taking.. if you file seprately there's many deductions and credits you will not be allow to file for.Married Filing Joint with Injured spouse?
Send in the injured spouse form with your return. Your share of the refund will be delayed though while they process it.





You can file as married filing separately and your refund won't be affected by what he owes. But it might cost you, since you'll pay more tax by filing separately. Depending on circumstances it could be just a few dollars or could be thousands of dollars - figure it both ways before deciding.
What state are you in? If you are in California, the injured spouse form doesn't work the way you think it does.





First off, if you are self-employed, you may OWE money, not have a refund.





Second, if you file MFS and have children, you cannot get EIC or education credits for them.





Third, you essentially married his debt when you married him. You really ought to work on this debt and get it out of your life.
filed jointly and attach the injured spouse form 8379 because if you file married seperate you'd get less back because you'd pay more taxes and lose all credits such as eic and child tax credits.
If you get EIC %26amp; CTC you should file jointly and include form 8379 aka Injured Spouse Allocation with your return filed. If you go married, filing seperate you forfeit EIC, CTC, EDUCATION CREDITS and yada. Run your taxes both ways and see which is best.

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