7 Tax Advantages of Getting Married More in Marriage 10 Tax Benefits of MarriageVideo: Taxes & Divorce: Here's What to KnowHow Should You and Your Spouse File Taxes? Married Filing Jointly vs SeparatelyWhen Married Filing Separately ...
Options for filing taxes include getting free help from the IRS, paying for tax software, or hiring a pro. Whether you go solo or with a tax pro, the IRS says you'll get a refund faster (if you're owed one) by filing electronically and including your direct deposit information.For...
If you experienced a major life event in 2024, like getting married, having a child or buying a house, filing your taxes will probably be a bit different this year. Otherwise, there aren't too many major changes from last year. Here are four things for everyone to be aware of as you...
You usually have the option to itemize deductions if the total of those deductions is larger than the Standard Deduction for your filing status. Generally, the payment of mortgage interest, medical bills, state property taxes and charitable contributions you make are eligible to be itemized. Your...
Virtually all married couples file their taxes jointly, and who can blame them? It’s usually easier to prepare one tax return than two, and it almost always results in a lower tax bill than filing separately. But sometimes, using the married filing separately tax status to split up those...
“Truly, taxes aren’t rocket science or brain surgery,” Du Val said. But the process can be intimidating and time consuming. If you don’t have time or patience, that’s why there are tax pros.” Take your reluctance to tackle your return as a sign that you should have a profession...
No one likes doing their taxes, but tax software can make the process much easier. Great tax software doesn't just file your taxes – it helps make sure you fill them out correctly and don't miss any deductions you're entitled to. Read our Best Tax Software Guide to find the tax soft...
Any legally married couple can opt to file their tax returns separately. The "married filing separately" status doesn't come with any tax penalties but you might miss out on some tax breaks and end up with higher taxes. Don't assume filing jointly is always the best option. Carefully consi...
No one likes doing their taxes, but tax software can make the process much easier. Great tax software doesn't just file your taxes – it helps make sure you fill them out correctly and don't miss any deductions you're entitled to. Read our Best Tax Software Guide to find the tax soft...
Check the status of your amended return using the "Where's My Amended Return?" online tool or the toll-free telephone number provided three weeks after filing your amended return. The Bottom Line Filing taxes is a requirement for every American. As a first-time filer, you'll want to make...