Federal Income Tax: File single or married? (get, year)
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Hello ... We are engaged and plan on getting married in 2011. BUT, we are wondering if there would be tax advantages to getting married this year so we can file together. I make approx 40k and he makes approx 65k. Any thoughts? Is it better to file jointly or single?? Thanks!
Dang, Id like to have a job that paid me 40k a year....heck Id be happy to make 30...here in Calif!
Seriously, the best suggestion is ask your tax person what they feel might be best.
depends on how much you make... if your in 2 different tax brackets then its not a good thing to be married. the lower earner gets sucked up to the higher earners tax bracket when the 2 incomes are added together.
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