The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Filing Status Change After Marriage||Date: 8/10/2004 7:49 AM|
|Author: weatherpebble||Number: 72786 of 121222|
I was recently married and my wife and I are getting the paperwork that follows in order. My employer told me to fill out an updated W4, noting the status change. My wife's employer says this is optional and my wife says she kept her status as single in her previous marriage.
My question is: do we need to refile our W4s (fed and state) and if it's not mandatory, what are the advantages/disadvantages of doing so? We will be filing as jointly married this year.
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