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Subject:  Re: Married: File Joint or Separate Date:  3/28/2014  12:15 AM
Author:  irasmilo Number:  120612 of 127753

I assume that you're doing something wrong when you split the returns. All of the following assumes you are in a non-community property state.

Exemptions, other than your own, go to the higher AGI. Income should be allocated to the individual who generated it or who contributed the funds to the account. The same holds true for deductions.

There are many tax benefits which are eliminated or severely reduced for MFS returns. It is very unusual for MFS returns to be better than MFJ except for those who live in OH. It seems that the additional savings from filing MFS in OH outweigh the added tax at the federal level.

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