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Message
re: Tax Code Proposal 2014
Posted on 3/2/14 at 4:24 pm to deltaland
Posted on 3/2/14 at 4:24 pm to deltaland
quote:There are none for marriage, unless you know something I don't. After many years, the MFJ standard deduction was raised to equal double the Single standard deduction.
deductions that provide an incentive, such as marriage
Obamacare has a built-in marriage penalty. I forget which of the taxes or penalties or fees it was, but it's in there. Two people live together, each can make $200K before getting the tax. Marry and you can make only $250K combined before it kicks in.
1
Posted on 3/2/14 at 4:49 pm to TigerTattle
I'm not married so I don't know. I always heard there were tax benefits for married couples compared to single ones.
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