How much of my disability will be taxed, if any?=========>it depends the amount of your provisional income that is AGI +50% o fyour social security disability benefits; aslongas the amt If you are married and you file jointly, and you and your spouse have between $32k ~$44K of provisional income as said above per year thern you need to report 50% of your SSD income to your gross income. If you have more than $44K then 85% o f your SSDB will be added to your gross iuncome If you are single, and you have between $25K~$34K of provisional income , then you need to include 50% of your SSDB on your gross income . if your icnoem as single exceeds $34k then 85you?re your SSDB will be added to yoru gross income So,How big a portion of your SSDI benefits are subject to tax depends on how high your income is.
Should I file jointly or individually?========>it is up to you;you need to check pros and cons in deciding your filing status; Separate returns could produce tax savings if one spouse has a lot of medical expenses and a low income. By filing separately, the partner with the doctor bills might be more likely to meet the 10% of AGI threshold needed to itemize medical costs. Taxpayers age 65 or older can still use the 7.5 %threshold through 2016. Only one spouse on a joint return must meet that age to get the lower deduction percentage. Many tax-cutting credits and deductions are forfeited when couples file separate 1040s. You can't take the earned income tax credit, claim adoption expenses or child and dependent care costs, use educational tax credits or even deduct the interest you paid on a student loan if you're married and filing separately. If you have children, you might find the child tax credit reduced because it phases out at different income limits for the various filing statuses. And the amount of capital gains losses you can deduct is cut in half.
The married filing separately rules are complicated further if you live in a community property state -- Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin. In these places, state law determines whether your income can be considered as separate or community for tax purposes.
You should go ahead and figure your taxes as both joint and separate filers and use the method that produces the lower tax bill. But chances are, you'll find joint filing will be your best choice.plz contact an Enrolled Agent or a CPA doing tax es in your local area for more info in detail