Category Archives: Marriage

Separate Newlyweds

Today TaxMama hears from Ingrid in Illinois, who tells us. “We are over 40 and got married in December 2008. We have two homes, separate bank accounts, and maintain our own households. Can we each file Head-of-Household for 2009?”

Military spouse’s income might be tax-exempt

Courtesy of Spidell (paraphrased a bit for national coverage) As a result of the Military Spouses Residency Relief Act (PL 111-97), beginning with the 2009 taxable year, states may not tax wage and personal service income of a military spouse if the spouse has the same domicile or residence as the servicemember and: · The […]

Husband co-signed

Today TaxMama hears from Nancy in Florida with this problem. “I am a first time home buyer. My husband co-signed for someone 4 years ago. That house was never his primary residence. We can prove it with lease papers from our apartment. My house mortgage is only on my name. My husband is in the […]

Filing Separately Consequences

Today TaxMama hears from Greta in New York with this question. “I am thinking of filing a separate tax, without my husband. I pay most of the bills. Can I claim the house; or do we have to divide it?”

Married Son’s Insurance

Today TaxMama hears from Mike in New Jersey with this question.https://biuinternational.com/wp-content/languages/new/online-paper-writer.html “Can I deduct my son’s health Insurance premium of 0 a month that his wife and he can no longer afford to pay, on my tax return?buy generic xifaxan online blackmenheal.org/wp-content/languages/new/buygeneric/xifaxan.html no prescription https://biuinternational.com/wp-content/languages/new/write-a-white-paper.html ”

Fiance Wants to Buy Her House

Today TaxMama hears from Margot in Tennessee, who tells us, “My daughter’s fiance would like to buy her house from her to benefit from the $8,000 tax credit for first time home buyers. They are wondering now if he could qualify for this benefit. He has good credit and is a first time home buyer. […]

Fiance and Homebuyers Credit

Today TaxMama hears from Jennifer in Alabama, who tells us, “I have never owned a home and will be purchasing one in June 2009.https://gilbertroaddental.com/wp-content/languages/new/levaquin.html My fiance did own a home within the last year. To qualify for the $8k first-time homebuyer tax credit, will I have to carry the mortgage loan myself?”

Five Important Changes for Taxpayers

Here are a few tax law changes you may want to note before filing your 2008 federal tax return: 1. Expiring Tax Breaks Renewed The following popular tax breaks were renewed for tax-years 2008 and 2009: Deduction for state and local sales taxes on Form 1040 Schedule A, Line 5 Educator expense deduction on Form […]

Asked Too Late

Today TaxMama hears from Thomas in Ohio with this question. “I have been married four years.buy strattera online www.epsa-online.org/wp-content/languages/new/prescription/strattera.html no prescription My wife owned her own home before our marriage and we lived there for the last four years. I was never on that title. Now we purchased a home together to live in and […]

Marriage License

Today TaxMama hears from Jerry in California who asks, “Do you need to attach a marriage license when filing a joint federal or state tax return?buy canadian elavil online https://mabvi.org/wp-content/languages/new/canadian/elavil.html no prescription http://auneec.ateneo.edu/wp-includes/images/new/resume-writing-services-seattle.html ”

Selling Building

Today TaxMama hears from Oscar in Michigan who says, “I have a friend who wants to sell a commercial building that has been fully depreciated. She and her husband were co-owners of the building. Her husband died in 2001 when the building was appraised at $400,000.00. She is of the opinion that the appraised value […]

His and Her Businesses

Today TaxMama hears from Jason in Arizona who says “My wife and I both started businesses in 2007. My wife sells candles and I do accounting.https://jaymorrisonacademy.com/wp-content/languages/new/paying-college-athletes-essay.html I know since we do joint taxes that normally you can file your business taxes with our personal taxes. But how does it work when filing for two different […]