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Married/joint is generally the best tax rate, marriage penalty notwithstanding. That is, your married/joint tax liability is likely to be quite a bit less than the sum of your separate/single tax liabilities. (I'm just talking federal taxes here - I don't know a thing about CA taxes.)

That is the very question that I need answered - whether in fact we come out ahead if married or not-married on Dec 31, 2004. There are enough wrinkles in the income situation that it's not a simple question to answer. For this year, my income is going to be substantially more than his - and I haven't paid cent one of taxes on it yet.

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