Couples should re-examine their filing status before filing federal returns

Couples need to re-examine filing status - - they may save money by filing separate returns

Couples need to re-examine filing status – – they may save money by filing separate returns

Many couples automatically file joint tax returns each year because they are married; however, this may not be in their best interest.  Most couples just automatically assume that filing a joint return is the best way to handle their taxes each year especially as Congress eased the marriage penalty by adjusting the tax code regarding couples.  However, some couples may be able to save money, and get larger tax refunds, by filing separate tax returns.

For more information you should read, “Consider Both Options: Couple Can File Jointly or Separately.”

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