The cynic in me wonders if this is a move to put OP on record concerning what he says is the marriage's and his property and income preparatory to a divorce proceeding.The practical person in me says that if one is contemplating divorce, file separately even if it winds up creating a higher liability for that year. File a joint return and you're potentially tied to the spouse financially for 13 years (3 years for an audit and 10 years to collect). You can put anything you like in a divorce decree about who's responsible for taxes, but the IRS isn't bound by it.PhilRule Your Retirement Home Fool
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M