My father-in-law passed away earlier this year, and my mother-in-law was wondering if she is still taxed as married filing jointly this full year. I can't imagine that's not the case, but thought at least a few on here know for sure. Basically, please give me free tax advice.
Tax question
- Thread starter mule_eer
- Start date
I'm not an expert, this is what I found:
If your spouse died during the tax year, you can still use Married Filing Jointly as your filing status for that year (as long as you otherwise qualify). For two years after that, you may be eligible for the Qualifying Widow (or Widower) with Dependent Child filing status.
Full ink: https://www.efile.com/qualifying-widow-widower-tax-filing-status/
If your spouse died during the tax year, you can still use Married Filing Jointly as your filing status for that year (as long as you otherwise qualify). For two years after that, you may be eligible for the Qualifying Widow (or Widower) with Dependent Child filing status.
Full ink: https://www.efile.com/qualifying-widow-widower-tax-filing-status/
@mule_eer Yes, for the year of death she still files as "married filing jointly" since her spouse was living for a portion of the year. This is true both for the federal return and the state return.
Also, if she lives in West Virginia, she will be eligible to claim an additional exemption for her deceased husband for the two years following the year of his death if she does not remarry. This is a unique provision in the West Virginia income tax law that is often overlooked.
Also, if she lives in West Virginia, she will be eligible to claim an additional exemption for her deceased husband for the two years following the year of his death if she does not remarry. This is a unique provision in the West Virginia income tax law that is often overlooked.
OK, since muleer's question has been answered, I have another tax question. (I didn't want to hijack his thread).
If a bank (cough Deutsche Bank cough) or banks forgive my debt of $287 million, do I owe taxes on that forgiven debt? Asking for an orange friend. Thanks.
If a bank (cough Deutsche Bank cough) or banks forgive my debt of $287 million, do I owe taxes on that forgiven debt? Asking for an orange friend. Thanks.
just wondering how this was reported. It's not verified, but yet the MSM says they can only report verified data...please explain.
If I run money through LLc's and deposit graft in caymans, does a tree make any noise in the woods when it falls?
Yes, Mule this is the best comment on the subject in this thread. The widow has several options on how she can file her taxes as she did when he was alive. Depending on their finances, it can be advantageous to review the various options with a tax accountant or an attorney depending on how much wealth this couple had and how the estate is set up. There isn't just one answer on any of this.
How f'n sick and demented can you be to criticize
someone when he freely offers advice.....................
because of his political affiliation?
Just looking out for others. Wouldn’t take any advice from a libtard on anything. Go rape a deer, Tinyhands
You’re correct. I assume they have no qualifying dependent(s) they are claiming?
Also, if you married very, very well, make sure she looks into estate portability. Probably worth it anyway if she plays the Powerball :stuck_out_tongue_winking_eye:
If your spouse died during the tax year, you can still use Married Filing Jointly as your filing status for that year (as long as you otherwise qualify). For two years after that, you may be eligible for the Qualifying Widow (or Widower) with Dependent Child filing status. That's right out of the IRC.