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Can a married couple file taxes seperate even if they have joint checking and savings accounts? |
Can a married couple file taxes seperate even if they have joint checking and savings accounts? You can file separately if you think there is a financial advantage. It is rare , but under certain situations it could be beneficial. Having a joint checking & savings account is not a problem Source(s): My source is my expirience in doing my own taxes for 35 years and having a business and wives as well. Businesses were easier to deal with than wives. Good Luck Yes. The checking and savings accounts have nothing to do with filing your returns, except the interest made, which is usually very trivial. Yes - my husband used to owe back child support and had his tax refund garnished and I did not want to lose mine so we filed seperately. You each will have your seperate income to report so it is usually easy. Make sure to consult a tax specialist because you may lose some beneficial write offs, etc. |
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