My wife is a 1st year resident and for 2016, I filed our taxes jointly (she was a student so it made sense...).
We want to do a PAYE repayment option but because of our 2017 filing status and my income, we are stuck paying $1000+ / month. So for 2017 tax return, we plan to file separately.
Question is: do my wife need to have her own separate bank account in order for us to do this and for her monthly payments be adjusted?
We want to do a PAYE repayment option but because of our 2017 filing status and my income, we are stuck paying $1000+ / month. So for 2017 tax return, we plan to file separately.
Question is: do my wife need to have her own separate bank account in order for us to do this and for her monthly payments be adjusted?
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