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April 4, 2021
Question

Can we recall submitted taxes?

  • April 4, 2021
  • 2 replies
  • 0 views
My wife and I are married filing separately. She thought she was REQUIRED to itemize. Can she now learn what the STD deduction would have been for her to possibly recall submitted taxes for reconsideration?

2 replies

VolvoGirl
Employee
April 4, 2021

No.  Unless it rejects for something.  How did you file, Standard Deduction or Itemized Deductions?  You both have to file the same way.

 

Unless you have a specific reason to file separate returns,

It is usually better to file Joint. Joint has the lowest tax rates and the highest Standard Deduction.   And if you are in a Community Property state MFS gets tricky to figure out.  Here's some things to consider about filing separately……

 

In the first place you each have to file a separate return, so that's two returns.  And if you are using the Online version that means using 2 accounts and paying the fees twice.  

 

Many people think they come out better when filing Married Filing Separate but they are probably doing it wrong.  If one person itemizes deductions then the other one must itemize too, even if it's less than the standard deduction, even if it is ZERO!  

 

And there are several credits you can't take when filing separately, like the

EITC Earned Income Tax Credit

Child Care Credit

Educational Deductions and Credits

 

And contributions to IRA and ROTH IRA are limited when you file MFS.

 

Also if you file Married Filing Separately up to 85`% of your Social Security becomes taxable right away even with zero other income.

 

See …….

https://ttlc.intuit.com/community/married/help/is-it-better-for-a-married-couple-to-file-jointly-or-separately/00/25590

 

Employee
April 4, 2021

No you cannot recall (pull back) the submission.  But, if one of you itemizes, the other must as well.  Congress set it up this way so that one member of a Married couple cannot take all the deductions, while the other claims Standard, as a way to save overall taxes.  You also lose some credits by filing Married Separately. and there are special issues in Community Property States.