Money I Need Some Tax Advice - Page 2

MTG#10 · 01-27-2009, 05:47 PM

Ive been doing my taxes with Turbo Tax for the last 4 years with no problems at all. We always file "married filing jointly" and claim our 3 children. We make too much to qualify for the EIC so that is a non-issue.

My wife came home from work today, and told me that three different ladies at her work claim they get more back by filing "married filing separate" (not separated).

So I run both scenarios through turbo Tax, and sure enough we would get back a little over $400 more federal, and $300 more state.

The way I did it though, was I claimed 2 of the 3 kids, all of the deductions (mortgage interest, property tax, etc.) and had my wife claim the 3rd child with no other deductions. Again, we dont qualify for the EIC, Im just using the kids for dependent deductions.

Is it legal to do it this way, or does one of us HAVE to claim all 3 kids?

If it matters, I make more than her.

01-27-2009, 05:47 PM	Topic Starter
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7434386	I Need Some Tax Advice Ive been doing my taxes with Turbo Tax for the last 4 years with no problems at all. We always file "married filing jointly" and claim our 3 children. We make too much to qualify for the EIC so that is a non-issue. My wife came home from work today, and told me that three different ladies at her work claim they get more back by filing "married filing separate" (not separated). So I run both scenarios through turbo Tax, and sure enough we would get back a little over $400 more federal, and $300 more state. The way I did it though, was I claimed 2 of the 3 kids, all of the deductions (mortgage interest, property tax, etc.) and had my wife claim the 3rd child with no other deductions. Again, we dont qualify for the EIC, Im just using the kids for dependent deductions. Is it legal to do it this way, or does one of us HAVE to claim all 3 kids? If it matters, I make more than her.
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