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I have a query regarding paying taxes. I live in Oldham County, Kentucky. I am working in a company and earn $7300 per month. My wife has started working from August 2014. She earns about $4000 per month. We have bought a home and currently paying $1200 on mortgage per month. We have two children who are going to school. I want to know what will benefit us - Filing tax separately or jointly?

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