The rarely used “married, filing separately” tax status is a boon for the few Americans who choose it each year. More will likely join that club for tax year 2018. The reason: The tax overhaul’s new 20% deduction for pass-through businesses should lower tax bills for some couples if they opt to file separately. The provision took effect in January. Overall,...

Source: Wall Street Journal February 23, 2018 10:30 UTC