Question about Individual exemptions when married

[jonance]

Hi,

I asked this in the Chapter 7 forum with no response, thought i'd try this one. Just a quick question....i know on the house, if i file individual the equity is divided in half since my spouse isn't filing. Then i get my individual exemption.

How about household goods, furniture and things like that? How does that work for a married person filing individually?

[BKParalegal]

Same way for the most part, you half interest in all the household goods, the only thing that is not split are 401k, IRA, etc.

Good Luck