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Married Filing Jointly
(redirected from File Jointly)

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Married Filing Jointly
A situation in which a married couple files a single tax return. Married persons usually file jointly if only one spouse makes the majority of the income; if both spouses make a significant income, filing jointly may be more complicated than it is worth. When a married couple files jointly, each spouse is completely responsible for the tax liability.

Married Filing Jointly
A filing status that can be used by taxpayers who are married at the end of the tax year and not legally separated under a final decree of divorce or separate maintenance. The income, deductions, and credits of both spouses are entered on a joint return.


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You can file jointly or married filing separately, although filing jointly is the best choice in almost all situations.
Most married couples elect to file jointly, as that option offers some tax credits not otherwise available.
 
 
 
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