Video instructions and help with filling out and completing Will Form 843 Dependents

Instructions and Help about Will Form 843 Dependents

Hi I'm Jeremy Johnson CPA and continuing on with our taxes facts versus myths series so someone said to me Jeremy I am tired of waiting for my spouse to file okay I'm going to go ahead and file but I want to file single while I'm waiting for them because they're taking way too long my first response is whoa okay no you can't do that listen as a married tax filer you have a couple of options the first is married filing jointly and married filing separate those are your only two options okay as a married individual who's living with your spouse and your filing up together okay maybe not at the same time but you're filing together those are your options and so you really want to make sure you choose those those filing statuses carefully and if you have a question please contact your tax preparer tax planner now I have a lot of questions to about you know which one should I file jointly or separately I very seldom seen where a tax return has come back more favorable to the married couple when they file separately a lot of times what that's used for is the one spouse just wants to go ahead and file the other spouse may not have all of their documentation or they're kind of questioning the taxes that are withheld and so they want to kind of keep it separate so that's when I've seen that that has been more advantageous but it's not always about receiving a bigger refund I've never seen that actually where client has racine received more of a refund because they filed separately so if you're married you want to do either jointly or separately but you do not want to look at single or head of household which is another big one so please please please make sure you use the correct filing status and again any questions or any myths that you would like discussed feel free to send me an e-mail or inbox me on facebook and we'll see you next time thank you