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Author: redhed Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Divorce and Quarterly Taxes Date: 7/8/2000 11:21 AM
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I've been working as a contract worker for the school system so I've had to pay quarterly taxes. However, my husband and I, who have been filing jointly during our marriage and have been paying these quarterly taxes on my income jointly as well, are divorcing. So, I have several questions pertaining to this situation:

1) The divorce will not be final until at least October 1. Can we file jointly for the tax year 2000 or must we file individually?

2) If we file individually, how do I get credit for taxes paid on the monies I earned so far this year so that I'm not faced with the IRS asking me to pay taxes on those earnings again (and the ex getting tax credit for the entire amount)?

3) I will be a regular employee with taxes being withheld beginning August 2, 2000. What do I do about the quarterly taxes for earnings during the months of June, July, & August which, since school is out for the summer, is less than $2000? Do I have to pay the regularly scheduled quarterly amount or can I roll this into my earnings at the end of the year? If I have to make the quarterly payment, how do I make sure that gets credited to me? What about the quarterly amount due for Oct, Nov, & Dec, when I will be having taxes deducted from my paycheck?

4) Is there any tax liability that I'm not thinking of?

Thanks for your help.

regards, redhed
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