Joint Return Offers Advantages for Most
This chapter advises taxpayers to consider filing jointly or separately to maximize deductions. It notes that married couples often save tax by joint returns but exceptions exist. If one spouse has high medical expenses and both have capital losses, separate returns may yield larger deductions, especially in community property states.
MENTIONED IN THIS ARTICLE
Arizona
California
Idaho
Louisiana
Nevada
New Mexico
Texas
Washington
Cut Your Own Taxes
Tax tips for married couples filing separately. When medical deductions are claimed on a separate return, payments must come from the claimant’s funds. Joint accounts count as half paid by each spouse. Each spouse on separate returns must itemize or take the 10 percent deduction or the minimum standard deduction. Loss offsets differ between joint and separate returns with a $1,000 cap on joint losses and full $1,000 deduction possible for each on separate returns.
Benham hydrogen test leaves underground cavern just forming
In Pahute Mesa Nevada UPI reports the Benham thermonuclear device failed to create surface scars but split the desert floor underground. The 1 megaton blast at 4600 feet produced an 800 foot cavern and potential 1200 foot crater if surface collapse occurs, echoing a prior Boxcar detonation last April.
MENTIONED IN THIS ARTICLE
Myram
Pahute Mesa
Nev
Benham
Also Mentioned on This Page
Birney Lettick
Jacqueline Kennedy Onassis
Lynda Bird Robb
Princess Grace
Sophia Loren
Elizabeth Taylor
Wees
Central Avenue
Postiches
Mach
Mode de Paris
Franca
cLoops
Ray DE Crane
NEA Publications
Advan
The
Security Title Insurance Company
Southern
Lanval
Lanval Corporation Realtors
PT Vae Ts
South Broadway
Santa Maria
Lompoc
Ford
Chevrolet
Cadillac
Plymouth
Harcrop
Beattie Motors
North H Street
Lompoc, Calif
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