Ah, taxes! Second only to gas prices in the list of things we Americans like to blame for our money woes. Also: hella romantic!
That’s right, Bitch Nation, for today on the podcast we’re discussing the intersection of love and taxes. Specifically, the question of whether you should get married for tax purposes.
Popular wisdom dictates that getting married and filing taxes jointly will give you a huge discount on your tax bill. We’ve heard worse reasons to get married. But is this one really true?
As usual, the answer is… it depends! On your circumstances, your income, your property ownership, and a whole host of other matters. We are by no means tax experts (though our marriage expertise is beyond reproach), but we’re going to do our best to shine a light on the question of getting married for tax purposes.
Here comes the bride!Read More