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If you and your spouse decide to file a joint return, your tax may be lower than your combined tax for the other filing statuses. Also, your standard deduction (if you do not itemize deductions) may be higher, and you may qualify for tax benefits that do not apply to other filing statuses.ou can choose married filing jointly as your filing status if you are considered married and both you and your spouse agree to file a joint return. On a joint return, you and your spouse report your combined income and deduct your combined allowable expenses.
Learn more about the Married Filing Jointly filing status Married Filing Separately If you and your spouse file separate returns, you should each report only your own income, exemptions, deductions, and credits on your individual return. You can file a separate return even if only one of you had income.However, the married filing separately status rarely works to lower the family tax bill.arried Filing Jointly. If you are married, you and your spouse can file a joint return. If you file a joint return, you both must include all your income, exemptions, deductions, and credits on that return.