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Separate Tax Returns

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Separate tax returns
Tax returns of married persons who choose to file their returns individually, usually because this approach produces lower overall tax payments.

Married Filing Separately
A filing status in which a married couple files individual tax returns instead of a single return. When two spouses file separately, each is taxed like a single individual. This usually results in a higher combined tax liability, but it may be advantageous if one spouse has significantly higher expenses or deductions.


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P&G, P&G Canada, and P&G FSC are related entities but file separate tax returns.
The couple have filed separate tax returns during their 27-year marriage.
If you have a spouse and both of you file separate tax returns, divide this amount by two.
 
 
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