Joint Tax Return – DougFreemanCPA.com

Filing jointly or separately as a married couple: What’s the difference?

Income Tax, Individual Income Tax, Tax Return, Taxes 2023, Taxes 2024 / Douglas Freeman

When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and your correct tax. The five filing statuses are: Single Married filing jointly, Married filing separately, Head of household, and Qualifying surviving spouse. If you’re married, […]

Filing jointly or separately as a married couple: What’s the difference? Read More »

“Innocent spouses” may get relief from tax liability

Civil Fraud, Federal Income Tax, Federal Income Tax Filing, Income Tax, Individual Income Tax, Internal Revenue Service, IRS Audit, Tax, Tax Audits, Tax Deficiency / Douglas Freeman

When a married couple files a joint tax return, each spouse is “jointly and severally” liable for the full amount of tax on the couple’s combined income. Therefore, the IRS can come after either spouse to collect the entire tax — not just the part that’s attributed to one spouse or the other. This includes

“Innocent spouses” may get relief from tax liability Read More »

Check on your refund — and find out why the IRS might not send it

2018 Tax Return, Divorce, Federal Income Tax, Federal Taxes, Form 8379, Individual Income Tax, Internal Revenue Service, Refund / Debbie Davis

It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have landed. According to the IRS, most refunds are issued in less than 21 calendar days. However, it may take longer — and in rare cases, refunds might

Check on your refund — and find out why the IRS might not send it Read More »