You’re probably not thinking much about your taxes when going through a big life change like divorce. But if you’ve recently been divorced or are going through a divorce, it can actually have a big impact on your taxes. Below are some important things to consider about the effect on your taxes when you file divorce in Jacksonville. Your Filing Status Your filing status is the most obvious change on your tax return after getting a divorce. It’s also what determines many of the numbers on your tax return, such as your tax bracket, deductions, and exemptions. The impact your status has on your tax liability will depend on your own personal situation. Some people who file divorce in Jacksonville may find they owe more in taxes, others may owe less. Continue Reading
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