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Posted by Techhead on January 1, 2008, 9:40 pm
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I can't seem to figure out what benefits me more to file either
jointly or separately. Me and my spouse do not have any dependants.
Nethier of us has student loan interest or any outstanding tax liens.
We don't qualify for any EIC or homestead credits. My wife makes
almost twice what I make but she has to pay about 28% of her income to
her ex as alimony. I only itemize my mortgage interest, re taxes,
state income taxes, and donations.
Is there a formula I can follow that can determine what file status I
should choose? Are there any general "rule of thumbs" to go by?
Thanks,
Brian
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