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Evgen [1.6K]
3 years ago
10

Which of these people should use the "married filing jointly" tax filing status? A. Mr. And Mrs. Jaden, who want to file their i

ncome tax return together B. Mr. Olsen, who is the only earning member in his family C. Mr. Alan, who is an unmarried businessman
Law
2 answers:
bazaltina [42]3 years ago
8 0

Answer:

A. Mr. And Mrs. Jaden, who want to file their income tax return together

A. Mr. And Mrs. Jaden, who want to file their income tax return together should use the "married filing jointly" tax filing status.

Explanation:

Married filing jointly is a filing status for married couples that have wed before the end of the tax year. Couples filing under married filing jointly status can record their respective incomes, exemptions and deductions on the same tax return. Married filing jointly is best if only one spouse has a significant income. When both spouses work and the income and itemized deductions are large and very unequal, it may be the best to file separately.

Using a married filing jointly status means that your total combined tax liability is often lower than the sum of spouses' individual tax liabilities, compared to if they were filing separately. This so because deduction may be higher, and married filing jointly status may qualify for other tax benefits that don't apply to the other filing status.

devlian [24]3 years ago
4 0
A “mr and mrs.Jaden” indicates that they are married.
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