Why file for divorce by the end of the year?

The internal revenue service (IRS) classified a few once separated or divorced, unique for the taxation year taxpayers together as if they were divorced, legally separated or together for six months to 31 December have lived. Time FrameThose not divorced, legally separated or living apart for six months by the end of the year must file as married, either as married filing jointly or married filing separate returns.FeaturesThose couples whom the IRS deemed married for the tax year in question may find that the married filing jointly status brings more advantageous tax rates, but emotions run high and trust can wane during a divorce, so experts advise caution.ConsiderationsThe communication breakdown often accompanying a divorce can mean that a so-called "innocent spouse" who signs a joint tax return may become liable for obligations that come as a complete surprise.WarningExperts recommend that when a voluntarily couple plans to file jointly, the less financially-sophisticated voluntarily spouse should hire an independent accountant to examine a joint return and any supporting documents before signing it.PotentialA rulings who is unmarried or legally separated at the end of the year may file as Head of Household if certain tests are met. As head of household paid submission more than half of the maintenance of the House for the year and lived should have with a child or someone else is qualified for which he or she apply for entitlement to a tax exemption for more than six months.