Thursday, 30 July 2015

Calculate Whether You'll Get a Marriage Penalty or Bonus at Tax Time

Most people assume marriage means you get a big tax break. The idea is: you combine both incomes and pay a single, reduced income tax. This is true in many cases, but not all of them. This calculator tells you whether you can expect to get a bonus or penalty when it comes time to file your taxes as a married couple.

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via Lifehacker http://ift.tt/1VPRHUm

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