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For questions related to marital issues, e.g. filing jointly, sharing finances, etc. For tax questions, please add a relevant country or regional tag as well.

8 votes

Should we combine credit cards after getting married?

Since credit reporting is usually in the name of the primary credit card holder, this allows both to continue to have credit history, important when the marriage ends (in death or divorce as the case may …
Dilip Sarwate's user avatar
10 votes
Accepted

Huge difference when comparing filing married separately vs. jointly?

TL;DR version: Don't file separate federal income tax returns unless there are very strong reasons to not file a joint income tax return. The tax code is structured to encourage married persons to fi …
Dilip Sarwate's user avatar
1 vote
Accepted

Documents need for refiling from Married filing Separately to Jointly in USA

To the best of my knowledge, spouses cannot file an MFJ return on Form 1040 electronically if either or both spouses have filed an MFS return already. What the spouses can do is spelled out on page 10 …
Dilip Sarwate's user avatar
3 votes

Can I file married filing separately if I already have a Roth IRA but no conributions?

You seem to have some misconceptions about the tax laws. Your marital status for Tax Year 2015 is your status as of December 31, 2015. If you are married as of December 31, 2015, then the decision t …
Dilip Sarwate's user avatar
12 votes
Accepted

Bought a house last year should I hire a tax consultant?

First, congratulations on your marriage and house purchase. …
Dilip Sarwate's user avatar
1 vote

What filing status should two married non-resident aliens use?

It is possible that the default checked box in your university's tax software is `Other single nonresident alien, perhaps on the weak grounds that many students on F-1 visas are single. Is there a wa …
Dilip Sarwate's user avatar
5 votes

How does the "Married filing jointly and your spouse is covered by a plan at work" IRA deduc...

Meaning the sum of all contributions to retirement accounts for us would be $19,500 for the 401(k) and $6,000 each for two Roth IRAs and one traditional IRA in my spouse's name? Each person under th …
Dilip Sarwate's user avatar