4 ms·

How so? There isn’t much paperwork and you will save on taxes.

• neogodless 5y ago
  > you will save on taxes ... if you pair a high earner with a low/no earner
  • monocasa 5y ago
    You'll never do worse than when you were single since you can always file seperately.
    • downut 5y ago
      I have not looked at filing separately for many years, but I ran the numbers back then and the result was the same.
    • a_cool_username 5y ago
      Maybe there's something I don't understand, but per this table it's slightly worse to be married filing separately than it is to be single at the top brackets: https://www.bankrate.com/taxes/tax-brackets/ https://www.bankrate.com/taxes/tax-brackets/ edit: changed "much" to "slightly"
  • downut 5y ago
    This is correct. When I was still in grad school and the better half was working as an engineer I pretty much got the ultimatum that we needed to get married for the tax break. We had been living together for 7 years. But then we were both working and living in SF as engineers and I did my taxes on my own for the first time about 3 years in from graduate school. I was shocked that the penalty for being married vs. not was $3000. I immediately turned to my wife, and said, "split, and split the difference?". (She understood that I was joking.) And then I discovered that you can't fix it that way, you still get taxed at the same rate. Or did. That was 30 years ago. (We're still married, humor is important.) But after that while working at Sandia I had a PhD friend getting married to another fresh PhD, and I did tell him, do take a look at the tax hit.
    • monocasa 5y ago
      They changed the bracket differences for single, married filing jointly, and married filing seperately back in 2018. Married filing seperately is basically the same as being single these days.