Larry and Sue separated at the end of the year. Larry has asked Sue to sign a joint income tax return for the year because he feels that the tax will be lower on a joint return. Larry and Sue both work. Sue received a salary of $25,000 and Larry’s salary was $20,000. Larry works as a waiter at a local restaurant and received tips. The restaurant asked Larry to indicate the amount of tips he received so that they could report the information to the IRS. Larry reported to the employer that the tips amounted to $3,000, but Sue believes that the amount was probably $6,000 to $10,000. They do not have enough expenses to itemize. Sue has asked you what are the advantages and risks of filing a joint return.