What Income Must I declare.
My wife and I normally file jointly because she does not work outside the home. However, last year she did and made about $3500 but her employer did not take out federal income taxes noting she did not make enough to require such. All the other taxes SS etc., were already deducted on her W2. Since she did not make enough to require income taxes be deducted upfront, am I still required to report her income on our joint return? I did not know about the income when I filed several weeks ago and would need to file a revised return and reporting that income would cost us about $438 of the current return. I just want to be sure I am required to report her income under the noted circumstances before I file the revised return and pay back that money. If I do have to report her income, would it have been better to file separate returns, or would that have cost us even more?
