Ask The Taxgirl: Splitting Up Household Expenses
It’s Ask The Taxgirl. Today’s question is whether shared expenses between spouses can result in taxable income.
It’s Ask The Taxgirl. Today’s question is whether shared expenses between spouses can result in taxable income.
Taxpayer asks: My husband is a non resident alien. We have been filing together as married. I am a US Citizen and together we have 2 children. Because he has an ITIN we have been missing out of the EIC credit. Can we file as single, since he is not considered married to me for…
I would guess a full 50% of the questions that come my way about filing status focus on whether it makes sense to file as married filing separate. My answers tend to be split between “no because you’re single” and “it depends.” My advice is not to make this any more difficult than it needs…