My wife and I got married and bought our first home last year. We're both veterans and we got a VA loan using my benefit with her listed as a co-borrower. I owe the IRS about $5K and am on an payment plan with them. She owes the IRS about $7K and is also on a payment plan. Should we be filing single or joint? If single, can we each benefit from the home purchase tax break(s)? Do we have to file single because of our individual debts to the IRS? Any help on this would be much appreciated!
Submitted January 24, 2017 at 08:26PM by danktopus http://ift.tt/2kglRTo
