$25.00 
Learn more
Submitted By: Richard
Answered: June 10, 2014 8:30 am
Answered: June 10, 2014 8:30 am
Will filing separately as a married person impede my ability to take low-income housing credits?
Married persons who file separately are barred from claiming certain tax credits, such as the adoption credit or education credits. However, there is no such bar for the low-income housing credit.
advertisement
Featured Books
Tax Glossary
Fiscal year
A 12-month period ending on the last day of any month other than December. Partnerships, S corporations, and personal service corporations are limited in their choice of fiscal years and face special restrictions.
