Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is a benefit of filing taxe

Which of the following is a benefit of filing taxes separately compared to filing jointly?...

90.2K

Verified Solution

Question

Accounting

Which of the following is a benefit of filing taxes separately compared to filing jointly?
Higher standard deduction
Easier tax preparation process due to simpler returns
Ability to claim available tax deductions without regard to the other spouse's income
Lower likelihood of being audited by the IRS

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

write three benefits from doing the principle component analysis?

Statistics
Q

Let's say you have a bag of 100 marbles. There are an equal number of five...

Statistics
Q

What are the 2 basic type of communication within bcells

Biology
Q

  Prove true or false. For each natural number n, ((n5/5)+(n^4/2)+(n^3/3)-(n/30)) is an integer

Advance Math
Q

27 3 2n s 4 3 s A particle of mass 10 g is undergoing...

Physics
Q

Capital rationing uses all of the following measures to determine the funding of projects except...

Accounting
Q

Current Attempt in Progress Presented below are data on three promissory notes. Determine the...

Accounting
Q

Required information Skip to question Elm Manufacturing Company (ELM) is a small manufacturer of backpacks...

Accounting
Q

Mr. Davies owns an apartment building in Boston and has no other wealth. The buildings...

Accounting
Q

The obligations of a business with external people are called: * Assets Libilities Owner's Capital

Accounting
Q

Pina Corporation issues $590,000 of 9% bonds, due in 10 years, with interest payable semiannually....

Accounting
Q

Requirements under the Real Estate Settlement and Procedures Act (RESPA) do NOT include: A) advance...

Accounting