Ask A Question
Have Tax Questions? Ask a Tax Expert for Answers ASAP
Tax Filing Status Questions
What is Filing Status?
filing status defines the type of tax return form an individual might use when filing their
returns. Filing status is based on factors like marital status and family situation. Yet many people are unsure about their filing status and have queries regarding which status would best fit their filing needs, how would one qualify for a head of household filing status and so on. Listed below are a few questions answered by the Experts on issues related to tax filing status.
While I earn 44k a year as an FT worker, my spouse makes 12k a year by being self-employed. Should I file married or married single? And if I choose married, do I need to file along with my spouse when he files self-employment taxes?
Most couples find it helpful to file a joint return. Filing estimated taxes may only be necessary if a couple were to owe more than 1000 dollars in taxes at the end of the financial year, inclusive of self-employment and federal income tax. There could are ways of avoiding estimated tax payment by choosing another income tax filing status such as married but use a higher single rate with no
on your W-4. However, it would be better to consult with a
Tax Professional before you proceed further.
Since my spouse has not got an SSN or ITIN number yet, can I choose to not file married jointly now and choose a single status instead to meet the deadline?
Typically, you cannot use a single filing status since you are married and living with your spouse. You could file a paper return and include the ITIN application along with a joint tax return. This would have to be sent to another address and not the one listed in Form 1040.
will offer you information on marital status filing and
will give you more information about an ITIN application.
Can a person use head of household filing status to claim children who reside with the other parent, if the person was paying child support and the household expenses of the home in which their family resides?
Head of household filing status may require a child to reside in the home of the person filing their return for a designated period of time, apart from requiring that the person be separated from their spouse for the past six months. Another tax filing status, such as joint return or a married filing separate status, may be more appropriate for this situation. Payments made for the household expenses, could qualify as a
for spousal support, in addition to the payments of child support. Claiming the children may not be easy as the IRS would typically rule in the custodial parent’s favor to claim them as dependants. If the other parent agrees to let the person claim them, they would usually need to sign Form 8332 that says that they have no claim to the exemptions.
Can an employer change an employee’s income tax filing status on a W-2 without the employee’s knowledge?
W-2 forms need to be signed by the employee to inform an employer of their tax filing status and
request. This form may need to be kept on file for further reference in the event that an employee may request any change in the tax filing status.
It is important to know and understand which income tax filing status one should file under as it could have several consequences regarding
to be received or additional tax to be paid. This is where a professional opinion could be of great value. Whatever your query, direct it to a Tax Professional to get insights and information to help with your case.
Recent Filing Status Questions
My mother in law recently moved from her home into an assisted
My mother in law recently moved from her home into an assisted living facility in june 2014. Her primary residence had been gifted to her four children over several years about 10 years ago. The children are now selling her primary residence and are concerned about capital gains. The home was purchased in 1979 for approximately $35000. There is a current offer on the property for $350,000. Since the transfer the children have put on a new roof and a new furnace, approximately $20,000 total. Upon the sale, and after the proceeds are divided by the four sibings are we looking at ($350k, minus $20k, minus $20k real estate commission) $77,500 exposure per siblinlg for long term capital gains at either 10 or 15%? Am i doing this correctly?
i received a check from the department of treasury from a settlement
i received a check from the department of treasury from a settlement between the Philadelphia DOL and Chickie's and Pete's for back wages. what's the rate that check will be taxed?
Pursuant to my divorce my ex spouse was awarded stock options.
Pursuant to my divorce my ex spouse was awarded stock options. She exercised those options in 2013 with gross proceeds of $538,000. My employer handled the exercise properly but included the $538,000 in box 5 (Medicare Wages and Tips). As a result my tax preparer has me paying additional medicare tax on this amount or approx $8,000. I talked to my tax accountant and my payroll department and they basically said, yup thats the way it works. Is there a way to recoup the $8,000 from my ex or is there a ruling that I can bring to my payroll department that shows this was an error by them?
View More Tax Questions
8 Tax Professionals are Online Right Now
Ask Your Own Tax Question
Ask Your Question Now
Ask a Tax question
Type Your Tax Question Here...
8 Tax Professionals are Online Now
In The News
How JustAnswer Works:
Ask an Expert
Get a Professional Answer
Ask Followup Questions
100% Satisfaction Guarantee
Ask a Tax Professional
Get a Professional Answer. 100% Satisfaction Guaranteed.
8 Tax Professionals are Online Now
Type Your Tax Question Here...
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Become a Professional
Terms of Service
Privacy & Security
© 2003-2014 JustAnswer LLC