Choosing a tax status can be harder than it looks, especially if you’re new to taxes or if you’ve had a recent life change, ...

Before talking about how your taxes will change, let's consider the IRS definitions for when you can use the single vs. married filing statuses. In order to use the single filing status, you need to ...

Married couples have an important choice every year: filing taxes jointly or separately. While the tax code generally favors joint returns, some spouses may benefit from filing apart, experts say.

Many of us have heard that getting married comes with all sorts of tax benefits. So, why would it ever make sense not to choose the married filing jointly status? The married filing separately tax ...

Many solid retirement plans fall apart during the solo years after one spouse passes away, because the plans do not account ...

Married couples have the choice to file income taxes jointly or separately every year. While filing jointly is more common, there are certain scenarios where filing apart may offer a bigger tax break.

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When filing federal income taxes, everyone has to choose a filing status. There are five filing statuses: single, married filing jointly, married filing separately, head of household and qualifying ...

Getting married is a major life milestone that brings new opportunities—and new responsibilities—for your finances. If you’re newly married or planning to tie the knot, it’s important to understand ...

・Filing separately can reduce student loan payments under IBR and RAP by using just the borrower’s income. ・However, in some cases, the tax penalty from filing separately outweighs the loan savings.