Married filing jointly? Or married filing separately?
Don’t forget to do your taxes! There are many MANY myths out there, but here is one I will dispel now: filing closer to April 15th does NOT reduce your chances of getting audited. Right now, audits from 2007 and 2008 are being chosen. How do I know? In the Spring I sometimes work for a tax office. So, filing closer to April 15th does only ONE thing: increases the time between you and your refund.
Also, just FYI, filing an extension if you owe does not mean you can put off owing. If you owe and you file an extension and you don’t pay when you file the extension, you will owe what you owe, plus penalties.
Thanks for tuning in. More tomorrow on the fiance.