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Old 02-13-2008 | 07:04 PM
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Freightpuppy
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Originally Posted by FDXer
Tax tables for filing single are significantly higher than filing jointly. I ran the numbers both ways and I find filing jointly works best for me. One of the problems is dividing up the deductions properly so the person in the higher bracket can get a tax break. One might also be subject to AMT sooner when filing taxes as a single. A married couple can do it either way and it only takes a couple of minutes to run some prelim numbers using the single tax tables for both.
It must depend how much you make because this year, according to the tax tables, we are better off single than married filing jointly or married filing separately.
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