Mark Steber Liability Quotations

In general, preparing a return as a married couple filing jointly may give you the lowest tax liability and the highest standard deduction, but to find the best scenario, it's wise to calculate your return both ways and see which is the most advantageous for you. For example, if both of your incomes are about the same, you may pay less in taxes by filing jointly, depending on the rest of your return.

If you owe money, it's just as important to be organized and get started early to reduce the amount of liability and find overlooked deductions.