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:
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.