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Level 3
December 29, 2021
Question

Can I find a form in proseries basic that lists each spouses income separately?

  • December 29, 2021
  • 2 replies
  • 14 views

A client is wanting to know how it will affect her if she files separately from her husband. She is listed as the spouse on the 2020 return so I can't just change the filing status to see what happens. Is there a way I can pull up a comparison showing each spouse's income and deductions? I tried the "What if" work sheet but I have to re-input each number.  A lot of things to add up. Isn't there already a form I can look up that compares each item of income & deductions for each spouse?

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2 replies

IRonMaN
Level 15
December 29, 2021

The professional version has a MFJ vs MFS worksheet.  I don't know if basic has that function.

Slava Ukraini!
Camp1040
Level 10
December 30, 2021

Basic does not have MFJ VS MFS. You can install the professional version and then use the file restore feature and transfer basic to pro and then run your analysis.  If that is too cumbersome, then you are stuck with "what if" in Basic.

IRonMaN
Level 15
December 30, 2021

I guess that's why they call that version Basic 😁

Slava Ukraini!