Reply to Question for fellow SAHM's with HHI in the $200-$250k range

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Nonworking women don't have to file a tax return. They have zero income.  They sign THEIR HUSBAND's tax return in order to reap the (unjust) tax benefits relating to being married -- like a higher primary home capital gains tax exemption, and a dependent deduction.  Your husband can file his own tax return without your signature. He'd just have to pay more tax. People without income (stay at home moms) don't HAVE to file or sign a tax return.

It's ridiculous to say "our HHI" if it's your husband's income.  Yes, it's your "shared money".  But it's not your income.  Money is a thing you have. Income is a thing you EARN.  It would be like a sahm saying casually in conversation that "we have 20 monthly household PTA hours" when her husband's never been inside the school.

[/quote]

You realize that HHI does not stand for personal income, right? That would be PI.[/quote]

One and the same if she's not earning money. Why is this even a question?[/quote]

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