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118 points blondie9x | 6 comments | | HN request time: 0.25s | source | bottom
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georgeburdell ◴[] No.43673220[source]
I do want to point out that never-married by looking at legal paperwork is a blunt instrument. There are reasons, especially for dual high earners, to not get a marriage license. Examples of tax-related things that don’t double when married;

-Income tax brackets above about $200k

-SALT cap

-Mortgage interest deduction

-HSA contributions (if have children)

-Dependent care FSA contributions

replies(4): >>43673313 #>>43673336 #>>43673337 #>>43673482 #
1. toshinoriyagi ◴[] No.43673337[source]
Isn't this all solved by just filing separately, not jointly?
replies(4): >>43673360 #>>43673435 #>>43673488 #>>43674542 #
2. oidar ◴[] No.43673360[source]
Nope. It's a reason some might note get married.
3. guitarsteve ◴[] No.43673435[source]
No, for taxes, married filing separately is a different category than single. Married filing separately results in a higher tax bill than married filing jointly for most couples.
4. delecti ◴[] No.43673488[source]
Married filed separately effectively locks you out of a lot of benefits when compared to unmarried filing single, or married filing jointly.
5. ultrasaurus ◴[] No.43674542[source]
There are places in the tax code where Single != Married Filing Separately.

One pertinent example is that Washington State's capital gains tax applies after $270k per single person, per married couple filing jointly OR split in half for married filing separately. Which could be a theoretical $18.9k/year difference in taxes.

replies(1): >>43681633 #
6. lostmsu ◴[] No.43681633[source]
Yeah, that particular deduction reeks of some big brain energy. My family is going to be outta here by the end of the year, hopefully.