If you are married, you can file a joint tax return with your spouse even if only one of you had income. There is nothing in the tax rules requiring that a husband and wife both have income in order to file jointly.
Can I file head of household if my wife doesn’t work?
That is much better tax benefit than if you were to file as Married Filing Separately. You don’t qualify for Head of Household (HOH) just because your spouse didn’t work. You must be unmarried or considered unmarried and have a dependent child to qualify for HOH.
Do you have to file a tax return for 2016?
The minimum income required to efile or file a tax return for Tax Year 2016 depends on your income, age, and filing status. The minimum income levels for the various filing statuses are listed in the table below. If you earned below the minimum income for your filing status, you may not be required to file a Federal Tax Return.
What happens if you don’t file your income tax return?
Not filing a return on time does have financial implications, especially if you have a net income tax payable and / or if you have losses to be carried forward. This can really hurt especially if the losses to be carried forward are significant. Therefore, your best option is to ensure that you file the income tax return by the deadline.
What are the income limits for tax refunds for 2016?
The thresholds for 2016 were: $47,955 ($53,505 if married filing jointly) for those with three or more qualifying children; $44,648 ($50,198 if married filing jointly) for people with two qualifying children; $39,296 ($44,846 if married filing jointly) for those with one qualifying child, and;
Can you file a tax return for FY 2015-16?
Your tax rate and income tax exemption limit of F.Y. 2015-16 will apply, not the current one. Tax deductions like 80C, 80D etc would be claimed keeping in mind those available in the FY 2015-16. Though Aarav can still file income tax return for FY 2015-16; AY 2016-17.