Posted this question as a followup to one of my previous posts, but it's offtopic to the original post so figured I should post this on it's own topic...
I'm filing Chapter 7 bankruptcy. I am married, however none of my debt is in my wife's name whatsoever. She is not filing bankruptcy.
Can we file our taxes as "married, filing jointly" to get the larger standard deduction, even though I am filing bankruptcy, and she isn't?
My wife has substantial gambling winnings that are in her name only this year. We are not in a community property state, so the money won't be touched by my bankruptcy. If we can file taxes jointly, we'll owe a lot less tax - if any.
I'm just not sure if bankruptcy wise we can say: no this money has nothing to do with me, it's all her's, you can't touch it. Then turn around and file jointly and mix our finances together for tax purposes.
I'm filing Chapter 7 bankruptcy. I am married, however none of my debt is in my wife's name whatsoever. She is not filing bankruptcy.
Can we file our taxes as "married, filing jointly" to get the larger standard deduction, even though I am filing bankruptcy, and she isn't?
My wife has substantial gambling winnings that are in her name only this year. We are not in a community property state, so the money won't be touched by my bankruptcy. If we can file taxes jointly, we'll owe a lot less tax - if any.
I'm just not sure if bankruptcy wise we can say: no this money has nothing to do with me, it's all her's, you can't touch it. Then turn around and file jointly and mix our finances together for tax purposes.
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