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Financial Planning / Tax Strategies
|Subject: Married filing separately, spouse not filing||Date: 3/3/2004 1:57 AM|
|Author: brxkic||Number: 70316 of 121351|
Me again. So I have separated last year, not yet divorced, but soon. My spouse just told me that he has no income to report and is not filing. I am filing and planning on taking the standard deduction.
I have transferred securities to him pursuant to the separation agreement in 2003. Since that is not exactly alimony (since it is not cash), I can't deduct those transfers even though I am technically supporting him.
Question is: if I don't completely trust my spouse' claim that he has no income, should I not take him as an exemption? That is, if I take him as an exemption, would I be liable for his not filing a return even though I file a separate return? My hunch is that I shouldn't take him as an exemption, but just want to make sure I am not missing anything.
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