The largest category of women were those whose W-2 earnings made up at least 25 percent, but less than 50 percent (25 percent under 50 percent) of the total wage income on a joint tax return
. Women in this category accounted for about a third of all women with W-2 earnings reported on a joint return.
However, in some cases a spouse will be relieved of the tax, interest, and penalties on a joint tax return
. (2) Three types of relief are available are as follows:
Section 6015(c) applies when the income which accounts for the tax liability would have been properly allocated to the other spouse if they had filed separate tax returns instead of a joint tax return
This article analyzes the joint tax return
rules, examines some of the divergences in their application, and highlights some restrictions that may apply under current law.
Again, the cut-off points are the same as they are for 0% long-term capital gains: taxable income under $39,375 for single filers, for example, and $78,750 on a joint tax return
The practitioner should evaluate the NOLs of a decedent filing a joint tax return
to determine if any of the NOLs are attributable to the surviving spouse.
Jane will be able to file a joint tax return
for herself and John, unless she remarried in 2017.
The Defense of Marriage Act, which made it impossible for same-sex couples to be considered “married” under Federal law, ensured same-sex couples would not be entitled to such benefits as filing a joint tax return
, taking the marital deduction in estate transfers, and being entitled to spousal and widow Social Security benefits.
In 2010, a married stockholder filing a joint tax return
with taxable income over $137,300, and less than $209,250, is in a 28 percent marginal tax bracket, thus having 72 cent dollars available to pay premiums.
The full American Opportunity Credit is available only to taxpayers with a modified adjusted gross income of less than $80,000, or $160,000 on a joint tax return
. Partial tax credits are available to those with incomes up to $90,000 or $180,000 for a joint return.
A judge ruled on November 9 that Ann Louise Gilligan and Katherine Zappone could sue for the right to file a joint tax return
in their native Ireland.
In tax year 2000, an individual taxpayer was entitled to a standard deduction of $4,400, while married individuals filing a joint tax return
were entitled to a standard deduction of $7,350.