Search for a term:

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.


Related Terms

marriage penalty -  More

tax status -  More

Related Personal Finance Articles

Loading...

married filing separately in the news

Loading...


Enter your email address to get our free Term of the Day newsletter!

married filing separately is ...

... part of the Taxes subject.

Search volume for married filing separately

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z