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Author: pmarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: Yuck. It's tax time, again. Date: 2/21/2003 2:35 PM
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I fear it's only going to get worse for the 2003 tax year, because I'm getting married.

You'll do so with my best wishes for a long, happy marriage. Now for my premature wedding gift.

Given your current state of mind from having just slogged your way through organizing your 2002 records, I hesitate to pour salt in the wound, but a year from now I hope it will have been worth it. You need to sit down now with your intended and go completely through the W-4, including the worksheets. You've no doubt heard of the marriage penalty and, if you're like most modern two-income couples, you'll probably suffer from it. Since you're considered married for the entire year even if you marry on December 31, you need to plan now for the effect on your taxes.

Phil Marti
VITA Volunteer

P.S. If you have any ideas about simplification, contact your members of Congress. They're all in favor of simplification, even when they vote for the increasing complexity of each tax bill.

PM
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