With marriage, comes new challenges {that a} newly married couple should face. As soon as the honeymoon is over it’s time to get your tax state of affairs so as. Keep in mind that your marital standing is set by your standing on December 31. After consulting with fax professionals, Marisa Torrieri explains 4 main methods your taxes change when you go from single to married:
- Your submitting standing will change
- You’ll in all probability change tax brackets
- Your customary deduction will go up
- You may owe cash on these months spent single
(learnvest.com)
