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Financial Planning / Tax Strategies


Subject:  Re: Marriage Penalty Returns Date:  1/19/2013  11:53 PM
Author:  vkg Number:  117423 of 127549

This is where my mind went. Plus you get the flip side situation: The high earning spouse gets a significant tax break when compared to what his/her tax liability would be as a Single filer.

The good news/bad news of having a retired husband. Our taxes will be significantly lower for 2012, but so is our income. Since our state income taxes will drop by more than half, maybe no AMT either.
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