You will need to file an amended return, and the quicker the better. If it is for a very recent tax year, you may be able to avoid any interest charges. Do not forget you may have to do a similar process for your State. Officially: If you discover an error after your return has been mailed, you may need to amend your return. The service center may correct errors in math on a return and may accept returns with certain forms or schedules left out. In these instances, do not amend your return! However, do file an amended return if any of the following were reported incorrectly: * your filing status * your total income * your deductions or credits Use Form 1040X (PDF), Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040 (PDF), Form 1040A (PDF), or Form 1040EZ (PDF). If you are filing to claim an additional refund, wait until you have received your original refund (you may cash that check). To avoid penalty and interest, if you owe additional tax for a current year amended return, file Form 1040X and pay the tax by April 15 of the current year. Be sure to enter the year of the return you are amending at the top of Form 1040X. The form has three columns. Column A is used to show original or adjusted figures from the original return. Column C is used to show the corrected figures. The difference between the figures in Columns A and C is shown in Column B. There is an area on the back of the form where you explain the specific changes being made on the return and the reason for each change. If the changes involve another schedule or form, attach it to the 1040X. For example, if you are filing a 1040X because you have a qualifying child and now want to claim the Earned Income Credit, you must attach a Form 1040 Schedule EIC (PDF) to show the qualifying person's name, year of birth, and social security number. Generally, to claim a refund, Form 1040X must be received within 3 years from the date you filed your original return or within 2 years from the date you paid the tax, whichever is later. If you are filing more than one amended return, be sure to mail each in a separate envelope to the service center for the area in which you live. The Form 1040X Instructions list the addresses for the service centers. Please Note: Your state tax liability may be affected by a change made on your federal return. For information on how to correct your state tax return, contact your state tax agency. IR-2005-3, Jan. 7, 2005 WASHINGTON
In some cases, such as both spouses working, married people find that not enough tax is being withheld at the married rate, which is the second lowest tax rate after head of household. To solve this, married people can check the 'Married but withhold at higher Single rate' choice in box 3 of Form W-4 [Employee's Withholding Allowance Certificate]. But when it's time to file their tax return, a married person who's having tax withheld at the Single rate would file as Married Filing Jointly. The difference between the higher Single rate and the lower Married Filed Jointly rate can vary from $1 to over $800.
If you are married, you can legally on file in two ways, Married Filing Joint and Married Filing Separate. Married Filing Separate excluded you from getting any tax credits and you only get half of the Standard Exemption. I have never seen a case where Married Filing Separately was better. Married Filing Separately also requires you to include your spouses social security number on your return. If you are married but legally separated for at least the last six months of the calendar year you can file as if you are not married. This means you can file as Single, Married Filing Separately, or Head of Household.
The minimum income required to file US. income taxes for tax year 2009 depends on your age and what your filing status is: If single and under 65, you must file taxes if you earn $9,350. If single and 65 or older, you must file taxes if you earn $10,750. If married filing jointly, with both spouses under 65, you must file if you earn $18,700. If married filing jointly, with one spouse 65 or older, you must file if you earn $19,800. If married filing jointly, with both spouses 65 or older, you must file if you earn $20,900. If married but filing separately, any age, you must file if you earn only $3,650. If filing as head of household and under 65, you must file if you earn $12,000. If filing as head of household and 65 or older, you must file if you earn $13,400. If you are a qualifying widower with a dependent child and under 65, you must file if you earn $15,050. If you are a qualifying widower with a dependent child and 65 or older, you must file if you earn $16,150.
No, but you will get a better return if you do. Married people must file either Married Filing Jointly (MFJ) or Married Filing Separately (MFS). Generally MFJ will give you more tax deductions, exemptions and tax credits. MFS, you cannot take the student loan interest deduction, the tuition and fees deduction, the education credits, or earned income tax credit. Also if your spouse itemizes deduction you must itemize deductions also, even if you would be better off taking the standard deduciton. Both spouses must use the same deduction method. If you are legally separated according to your state law under a decree of divorce or separate maintenance, you can file as a single filer.
You don't claim a spouse as a dependent. If you are married you have only two option to legally file your taxes. These are Married Filing Joint and Married Filing Separately. Married Filing Jointly is where you file together and you don't file a spouse as a dependent but you still receive all benefits as if they were a dependent. You will get a higher Standard Deduction and get two exemptions plus any other dependents you may have. Married Filing Separately requires both of you to file the same way and each has to enter the other spouses social security number on their return. You can't file the spouse as a dependent this way.
If it is a joint account I would say none. You are married and spouses share things in a marrige.
It depends on the state. Some states allow it, others don't. In some states, there might be exceptions if the spouses are residents of different states.
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
Unmarried persons who live together and have incurred joint debts must file separate petitions, but can request that their cases be ordered jointly administered. Also, registered domestic partners do not qualify since they are not legal "spouses" under federal law.
It depends on the state. Some states allow it, others don't. In some states, there might be exceptions if the spouses are residents of different states.
no
No, Virginia is not a community property state. Therefore spouses are solely responsible for their own debts as long as those debts are not incurred jointly.
You need to amend...your married status at end of year means you MUST file either jointly with your spouse or married filing seperately...the effect of one or the other may well be beneficial, and depends on your spouses position too.
No, if both spouses were claimed as dependents on their parents' taxes, they would not be able to file jointly as married. They would likely not qualify as dependents on their parents' taxes anymore once they are married and establishing their own household.
yes
Well, it looks like English... I guess the answer is yes.
I married a woman. She is now my spouse and I am hers.