MFJ vs MFS Tax Comparator

Compare Married Filing Jointly vs Married Filing Separately for 2024

Saved Scenarios

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Income & Deductions

Enter each spouse's information for 2024

Spouse 1

Spouse 2

Income

W-2 / Wages / 1099

Wages, salary, self-employment

Business Income

Schedule C / pass-through

Social Security Income

85% is taxable above thresholds

Other Income

Interest, dividends, rental

Gambling Winnings

W-2G reported winnings

Deductions

Itemized Deductions

Mortgage interest, state taxes, charitable

Credits

Children Under Age 17

Qualifies for the Child Tax Credit ($2,200/child) and Additional Child Tax Credit (refundable portion up to $1,700/child).

For MFS, the credit is assigned to the spouse with higher income.

Qualifying Dependents (not already counted above)

A qualifying dependent must meet all of the following:

  • Relationship: Child, stepchild, sibling, or descendant
  • Age: Under 19, or under 24 if full-time student, or permanently disabled
  • Residency: Lived with you more than half the year
  • Support: Did not provide more than half their own support
  • Joint return: Did not file a joint return with a spouse

Earned Income Tax Credit (EITC)

Automatically calculated from your earned income and number of qualifying dependents using the 2024 IRS table. Applied to joint return only (MFS disallowed by law).

Automatically compares against standard deduction per return

I am a semi-retired CPA who built this tool to help friends and family make informed tax decisions. If you need further consultation or have suggestions to improve this website, please send an email to me, Ken Ashley, at: accurate.tax81@gmail.com. Thanks!