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The tax reforms during the Trump administration largely eliminated the marriage tax penalty, expect for couples earning more than $600k/year. Prior to those ch
by topkai22 6y ago
The tax reforms during the Trump administration largely eliminated the marriage tax penalty, expect for couples earning more than $600k/year. Prior to those changes, married couples would generally pay more tax in their combined income then if they filed separately. The big exception to that was there was a big difference in earnings between the partners, in which case they’d pay less overall