married filing jointly Archives

Filing Status Explained

by Muhammad Taha Farooq | Nov 6, 2024 | Educational, Tax Related, US Taxation

Day 5: Filing Status Explained Choosing the correct filing status is crucial as it determines your tax rate, deductions, and overall tax liability. Today, we’ll explore the different filing statuses and help you identify which one is right for you. Single Who...

Filing Taxes as a Married Couple: Joint vs. Separate

by Muhammad Taha Farooq | Aug 22, 2024 | Educational, Tax Related, US Taxation

Title: Filing Taxes as a Married Couple: Joint vs. Separate **Introduction:** When you’re married, one of the key decisions you’ll need to make during tax season is whether to file jointly or separately. Each option has its own set of benefits and drawbacks, and the...