Entries tagged with “deductions/”

Divorce and Taxes: Joint or Separate Returns, Children as Dependents

Posted by Daniel Clement on February 24, 2010
The deadline for filing tax returns is approaching.   For those going through divorce, questions abound; should I filed as married or single? a joint or separate return? Can I take the children as dependents? Carley F. Mealey, an accountant at the Brisbane Consulting Group prepared an informative newsletter, Tax Tips for the Divorcing Couple, which addresses some of the most common divorce and tax issues. I share some of her insights here: Who can file a joint  tax return? Unless you have been legally separated before December 31, you may still elect to file a joint return. Should I file... More
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