What is the difference between filing for taxes jointly or separately? 2 Answers as of November 03, 2010
I am getting married, and I was wondering how this will affect my taxes. He makes significantly more money than I do (almost 4 times as much), but I have investments worth about what he makes in a year. Will this affect how much we owe together? What is the difference between filing jointly and separately?
LT Pepper Law
| Luke T. Pepper
Without real numbers to work with it hard to answer but generally a tax professional can provide a side by side comparison to determine your tax liability by filing jointly or separately.
Answer Applies to: Pennsylvania
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