Joint Tax Return A joint tax return is one tax return filed by a married couple on which the couple's income and deductions are reported together (neither spouse files his/her own tax return in the case of a joint tax return).
joint tax return tax return filed by two people, usually a married couple. Both parties must sign the return, and they are equally responsible for paying the taxes due.
JOINT TAX RETURN - Tax return filed by two people, usually spouses. JOINT TENANCY - An estate or unit of interest in real estate that is owned by two or more natural perso...
Marriage penalty A tax that has the effect of penalizing a married couple because they pay more tax on a joint tax return than they would if they file tax returns individually.
If you're married, you must file a joint tax return with your spouse to claim the EIC. Both spouses' income counts in determining the amount of the credit.
Each individual is evenly responsible for all interest, penalties and tax debt settlement when a joint tax return is filed for that particular year.
You and your spouse file a joint tax return. The working spouse is not covered by an employer's retirement plan. Action Step: Learn more about spousal IRAs. 4. A checklist to help you stick to your retirement savings goals: ...
To meet this test, the person must not file a joint tax return with his or her spouse for the tax year in which you claim the person as a dependent.
A separate telephone call or Web inquiry must be made for each taxpayer, even if filing a joint tax return. Agency contact information and tips for avoiding refund delays relating to your economic recovery payment can be found in IRS Tax Tip 2010-21.
Joint Owned Property Joint Return Joint Stock Company Joint tax return Joint Tenants in Common - JTIC Joint tenants with right of survivorship Joint Tenants with Right of Survivorship - JTWROS Joint venture ...
A tax that has the effect of penalizing a married couple because they pay more tax on a joint tax return than they would if they file tax returns individually. Married put ...
joint tax return See joint return. joint tenancy with right of survivorship The ownership of property by two or more people in which the survivors automatically gain ownership of the deceased's interest.
Joint Tax Return A tax return completed and signed by two people, usually a husband and wife. They have equal responsibility for taxes due. Filing a joint ta...(Read more) Joint Tenants Two or more people owning property.
See also: Billion, Hostile takeover, Asset pricing model, Forecasting, Cycles
 
|