Bonnie and Jake (ages 35 and 36, respectively) are married with no dependents and live in Montana (not a community property state). Because Jake has large medical expenses, they seek your advice about filing separately to save taxes. Their income and expenses for 2014 are as follows:

Bonnie’s salary .................... $ 42,500

Jake’s salary ..................... 26,000

Interest income (joint).................. 1,500

Rental loss from actively managed rental property ...... (23,000)

Jake’s unreimbursed medical expenses .......... 8,500

All other itemized deductions:*

Bonnie ....................... 9,000

Jake ........................ 3,400

*None subject to limitations.

Determine whether Bonnie and Jake should file jointly or separately for 2014.