Using the Married Filing Joint Status during Divorce
An area that needs to be examined while you are going through the divorce process is determining the tax filing status that will be the most advantageous to you. During the pre-divorce year(s), you have a couple of options that can increase or reduce your tax liability depending on which filing status you utilize. In your pre-divorce year(s), you have the option of filing under the following statuses: - Married Filing Jointly (MFJ), - Married Filing Separate (MFS), or - He