Couples: depending on how you file, you might trigger a bonus or a penalty. Let’s make sure it’s the former.
Married Filing Jointly (MFJ) You and your spouse combine all your income, deductions, and credits on one tax return. You share responsibility for accuracy, taxes owed, and benefits. Most married couples use this status because it generally offers more tax advantages. Married Filing Separately (MFS) Each spouse files their own tax return, reporting only their […]
