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* IRC Sections 6012 and 6011 require taxpayers that derive taxable income in excess of the threshold amounts discussed above to file an annual income tax return, including married couples.
* Spouses may file separately for various reasons; to keep a strict accounting of each other’s estate, to take advantage of the varying limitations, etc.
Married filing joint returns
* IRC Section 6013 provides that a husband and wife may file a joint return even though one spouse has no income or deductions, provided; certain conditions are met.
* Married couples may prefer to file jointly as opposed to separate returns. The couple may take advantage of the tax rates as well as other strategies
Married filing joint returns
* A married person generally may not claim certain credits without filing jointly. Credits include the elderly or permanently disabled, the child and dependent care credit, the earned income credit, and the educational credits.
Head of household
* The benefit of this status is that a part of the more favorable tax rates bestowed upon a married couple filing a joint return are given to an unmarried individual who qualifies as the “head of a household”
Head of household
* To qualify the taxpayer must
o not be married or a surviving spouse at the close of the tax year and
o the taxpayer must maintain as his home a household which, for more than one-half of the tax year, is the principal place of abode for a dependent.
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