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Tag Archive for Marital Status

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 in the year they got married. Consequently, you can file Married Filing Jointly if you and your spouse meet any one of the following tests:

• You are married and living together as husband and wife, on the last day of the tax year.
• You are married on the last day of the tax year and living apart, but are not legally separated under a decree of divorce or separate maintenance.
• Your spouse died during the year and you did not remarry during the year.
• You are living together in a common law union that is recognized by the state where you live, or in the state where the common law union began. Read more

Newly Wed And Starry Eyed… Here Are Some Tax Tips To Remember

We were attending a dear friend’s daughter’s engagement when this thought occurred to me that most newly weds don’t think of the change in their Tax Filing Status till Tax Time. Yes, blame it on my tax “nerd”i-ness!! I don’t mean to burst the newly wed pink bubble, but these are important things to remember!

Now that DOMA, Section 3 has been over-turned by the Supreme Court as well, there’s even more details to keep in mind.

Here are several tips for newlyweds from the Internal Revenue Service:

• It’s important that the names and Social Security numbers that you put on your tax return match your Social Security Administration records. If you have changed your name, report Read more