Welcome to the MDTAXES Message Board

The MDTAXES Network is an affiliation of CPAs that specialize in the tax planning and preparation for young health care professionals.  Please leave your questions or comments for our CPAs, who visit the message board regularly, or review the answers, suggestions and ideas posted in response to your colleagues' questions.

Please check out our other Message Boards available at www.FindAGoodCPA.com.

Please note: We are NOT affiliated with the Maryland Tax Department. If you're looking for information about Maryland income taxes, go to www.marylandtaxes.com.

Return to Website  > Index  > General Tax Issues  > Original MDTAXES Forum  > Re: 2 MD's living together filing sep...
Recent Posts
 
Original MDTAXES Forum
Start a New Topic 
Author
Comment
View Entire Thread
h
Harry R. Wigler, CPA/PFS
Aug 26, 2005 - 3:33PM
Re: 2 MD's living together filing separately

Hi. You cannot file jointly or separately unless you are legally married. You both have to file as single.

With respect to your investment income, the easiest way would be to split them evenly. The gross amount should be reported on the return of the person whose ss# shows on the 1099 at year end. Then half the amount should be backed out and reported as "as nominee for ss#..." Then pick up half the amount on the other person's tax return.

Please let me know if I can help in any way.

Zip Code: harryrwiglercpa@aol.com

Return to Website  > Index  > General Tax Issues  > Original MDTAXES Forum  > Re: 2 MD's living together filing sep...