Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

ICU
Feb 22, 2008, 05:10 PM
Can I file my taxes as married filing separate if I earned less than 400.00 in income and $1500.00 in interest on a Certificate of Deposit?

xphelper
Feb 23, 2008, 07:45 AM
Can I file my taxes as married filing separate if I earned less than 400.00 in income and $1500.00 in interest on a Certificate of Deposit?
Have you compared your possible returns using both methods (eg, filing separately and jointly)? I'm guessing you would be better off filing jointly with the dollar figures you posted.

Fr_Chuck
Feb 23, 2008, 08:31 AM
you can, but why ??

IntlTax
Feb 23, 2008, 11:55 AM
If that was your only income and you don't want to file jointly with your spouse, then you do not need to file at all because your income is less than your exemption.