Joint Filers Income Taxes
Federal and State Filing
Completing your taxes is an essential civic duty that helps in keeping the economic cycle of the country running. It is something you have to do every year but is not a fun activity at all, and some may even argue that the process of filing a personal tax return is a tedious task. We’ll prepare & file your Form 1040, usually within an hour’s appointment via Microsoft Bookings.
BoswickTax offers its best tax services for the millions of US residents who are seeking help in reporting their taxes quickly and easily every year.
US Federal laws require an individual to file their personal tax returns along with other supporting documents to report their income. No matter where your residence is, you have to report your individual income tax return according to the laws and regulations enforced by the IRS.
Since our inception, we have offered our quick and easy personal tax services to individuals who were seeking taxation help or any creative financial solution. Individual tax returns are a form that a person submits to a federal, state, or taxation agency to report, calculate, and pay their taxes. The disclosure of information assists in the assessment of due taxes.
Who Should File
If you are married, you and your spouse can choose to file a joint return. Filing jointly means you both need to include all your income, deductions, and credits on one return. You can file a joint return even if one of you had no income or deductions.
When to File
Federal and state income tax returns are generally due April 15th following the calendar year-end. Returns can be filed as soon as January 1st, but the IRS doesn’t start processing returns until around mid-February.
A joint return must be signed by both parties, or it won’t be considered a joint return.
The reason for this is, you and your spouse may be held responsible, jointly and individually, for the tax and any interest or penalty due on your joint return. This means that one spouse may be held liable for all the tax due even if all the income was earned by the other spouse.
To get started, send us a message and request an online portal. We’ll setup an account for you and then your tax preparer will walk you through the next steps.