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  1. #1
    Join Date
    Jul 2007
    Location
    Florida
    Posts
    2,344

    Default Re: Best Way to Get Large Refund Filing Married/Joint or Married/Seperate

    The rules for Earned Income Credit are not difficult for a lay person to understand. If you are married and file separately you are not entitled to the EIC... period. That is because filing status MFS is specifically excluded from claiming EIC, and there's no more information needed. Navigate to page 240 in IRS Pub. 17.

    It would be better for unknowledgable people not to answer questions involving serious money for real people. With regard to Injured Spouse claims with IRS form 8379, I have seen the IRS be extremely fair in allocating refund amounts to the injured spouse. It is best to get help with it, though, because the allocations make all the difference. Yes, it takes 12 weeks to receive the refund, but at least you maximize the amount. Adjusting withholdings only makes sense if you don't receive large refundable credits in excess of your tax liability. If you do then adjusting your withholding to zero doesn't help. You'd still be leaving money on the table.

  2. #2
    Join Date
    Sep 2011
    Location
    OH10
    Posts
    17,019

    Default Re: Best Way to Get Large Refund Filing Married/Joint or Married/Seperate

    Quote Quoting Bubba Jimmy
    View Post
    The rules for Earned Income Credit are not difficult for a lay person to understand. If you are married and file separately you are not entitled to the EIC... period. That is because filing status MFS is specifically excluded from claiming EIC, and there's no more information needed. Navigate to page 240 in IRS Pub. 17.

    It would be better for unknowledgable people not to answer questions involving serious money for real people. With regard to Injured Spouse claims with IRS form 8379, I have seen the IRS be extremely fair in allocating refund amounts to the injured spouse. It is best to get help with it, though, because the allocations make all the difference. Yes, it takes 12 weeks to receive the refund, but at least you maximize the amount. Adjusting withholdings only makes sense if you don't receive large refundable credits in excess of your tax liability. If you do then adjusting your withholding to zero doesn't help. You'd still be leaving money on the table.
    Some of us have the knowledge. We just prefer not to assist people dodging their child support obligations.

  3. #3
    Join Date
    Nov 2012
    Posts
    3

    Default Re: Best Way to Get Large Refund Filing Married/Joint or Married/Seperate

    First of thank you for responding so quickly Okay so basically YES file married/joint. Seems like it is in our best interest,how long it takes makes no difference when we are going to get her full refund due to her. And as far as the witholding, not going to make much difference if she has it at 0 or 3 then? Only reason I asked about the withholding is because I have read that adjusting hers to 0 and mine to 3(our children), can in turn result in the entire refund being due to my wife,because she paid in more tax than I.
    And we are going to seek help with the entire return to ensure it is all done correctly.

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