married filing separately

Definition
A tax filing status indicating that a married couple is filing two separate tax returns, one for each individual. Married couples have the option of filing jointly or separately. Although filing jointly often results in less taxes, filing separately is sometimes preferable when one partner has significant medical expenses, casualty losses, or miscellaneous itemized deductions.




married filing separately is ...
... part of the
Taxes subject.


Related Terms

marriage penalty -  More
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