BROWSE

Joint Return

What is 'Joint Return'

A U.S. income tax return filed on behalf of a married couple, resulting in a combined tax liability. Married taxpayers can choose to file two separate tax returns or a joint tax return. The joint return is often referred to as married filing jointly (MFJ). In order to file a joint return in any given year, the couple must be legally married on or before the last day of the year, and both spouses must agree to file a joint return.

Explaining 'Joint Return'

The Internal Revenue Service (IRS) states, "If you and your spouse decide to file a joint return, your tax may be lower than your combined tax for the other filing statuses. Also, your standard deduction (if you do not itemize deductions) may be higher, and you may qualify for tax benefits that do not apply to other filing statuses." Both spouses report all income, deductions and credits on a joint tax return, and both spouses must sign the tax return. If one spouse dies during the year, the surviving spouse can still file a joint return for that year. During subsequent years, the surviving spouse can file as a surviving spouse, as head of household or as a single taxpayer. If taxpayers divorce at any point during the year, they are considered unmarried for that entire year and cannot elect "married filing jointly" as their filing status.


Further Reading


Extreme value dependence in financial markets: Diagnostics, models, and financial implications
academic.oup.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Cost of capital, discounting and relational contracting: endogenous optimal return and duration for joint investment projectsCost of capital, discounting and relational contracting: endogenous optimal return and duration for joint investment projects
www.tandfonline.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

The effects of international joint ventures on shareholder wealthThe effects of international joint ventures on shareholder wealth
onlinelibrary.wiley.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Information asymmetry, adverse selection and joint-ventures: Theory and evidenceInformation asymmetry, adverse selection and joint-ventures: Theory and evidence
www.sciencedirect.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Joint venture investments and the market value of the firmJoint venture investments and the market value of the firm
www.tandfonline.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Asymmetric information and joint venture performance: Theory and evidence for domestic and international joint venturesAsymmetric information and joint venture performance: Theory and evidence for domestic and international joint ventures
onlinelibrary.wiley.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Stock market views of corporate multinationalism: Some evidence from announcements of international joint venturesStock market views of corporate multinationalism: Some evidence from announcements of international joint ventures
www.sciencedirect.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Investment opportunities, free cash flow and market reaction to international joint venturesInvestment opportunities, free cash flow and market reaction to international joint ventures
www.sciencedirect.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …

Big data, computational science, economics, finance, marketing, management, and psychology: connectionsBig data, computational science, economics, finance, marketing, management, and psychology: connections
www.mdpi.com [PDF]
… R - Urban, Rural, Regional, Real Estate, and Transportation Economics; Z - Other Special Topics; … 2. Nonparametric Estimation for χ and χ̅. 3. Parametric Joint-Tail Models. 4 … correspondence to Ser-Huang Poon, Manchester School of Accounting and Finance, University of …


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