Joint tax return in Germany
In Germany, the traditional joint tax return isn’t present but married couples can opt for a combined tax assessment called “Zusammenveranlagung.” Eligibility largely depends on marital status, residency, agreement between spouses, and presence of dependents. This option offers benefits like a potentially favorable overall tax rate, maximized eligibility for tax deductions and credits, spousal income balancing, and simplified administration. However, a choice between individual or joint assessment is crucial and flexible, bearing in mind changes in financial circumstances. Regardless of the chosen approach, consulting a tax professional is advised.
