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Or watching your loved one's paycheck be taxed higher because they married you (high income households.) See that they no longer are eligible for certain govern

Or watching your loved one's paycheck be taxed higher because they married you (high income households.) See that they no longer are eligible for certain government programs that they depended on because your combined incomes are just high enough (lower incomes.) Certain low income homes we looked when I was younger looked at households income. No surprise that there were mostly single mothers who lived there.

sliverstorm 12y ago
Or watching your loved one's paycheck be taxed higher because they married you I'm pretty sure that's not normally how it works. Married couples have the same deduction (well, it's doubled, but they file only one return) and tax rates on a couple are lower: Income between 40,000 - 40,050 Tax if filing single: 5,935 Tax if married filing jointly: 5,111 Income between 80,000 - 80,050 Tax if filing single: 15,935 Tax if married filing jointly: 11,864 http://www.irs.gov/pub/irs-pdf/i1040tt.pdf http://www.irs.gov/pub/irs-pdf/i1040tt.pdf Please notice that two single people making $40k each pay $5,935, while one married couple making $80k pays $11,864. $5,935 * 2 = $11,870 As for no longer qualifying for low-income grants or programs, most of those take marital status into consideration much like the standard deduction- a family making $10,000 is going to qualify for a lot more than a single person making $10,000
- TheCoelacanth 12y ago
  It's actually kind of complicated whether there are benefits or drawbacks to being married. For couples where most of the income comes from one person, there are benefits. For couples with roughly equal incomes, there is a marriage penalty for couples with very high (because the upper tax brackets start at less than twice of the corresponding single tax brackets) or very low (because of EITC) income. Here a chart that depicts how the effect of marriage on taxes varies with income: http://taxfoundation.org/article/effects-marriage-tax-burden-vary-greatly-income-level-equality http://taxfoundation.org/article/effects-marriage-tax-burden...

sliverstorm 12y ago

Or watching your loved one's paycheck be taxed higher because they married you I'm pretty sure that's not normally how it works. Married couples have the same deduction (well, it's doubled, but they file only one return) and tax rates on a couple are lower: Income between 40,000 - 40,050 Tax if filing single: 5,935 Tax if married filing jointly: 5,111 Income between 80,000 - 80,050 Tax if filing single: 15,935 Tax if married filing jointly: 11,864 http://www.irs.gov/pub/irs-pdf/i1040tt.pdf http://www.irs.gov/pub/irs-pdf/i1040tt.pdf Please notice that two single people making $40k each pay $5,935, while one married couple making $80k pays $11,864. $5,935 * 2 = $11,870 As for no longer qualifying for low-income grants or programs, most of those take marital status into consideration much like the standard deduction- a family making $10,000 is going to qualify for a lot more than a single person making $10,000

TheCoelacanth 12y ago
It's actually kind of complicated whether there are benefits or drawbacks to being married. For couples where most of the income comes from one person, there are benefits. For couples with roughly equal incomes, there is a marriage penalty for couples with very high (because the upper tax brackets start at less than twice of the corresponding single tax brackets) or very low (because of EITC) income. Here a chart that depicts how the effect of marriage on taxes varies with income: http://taxfoundation.org/article/effects-marriage-tax-burden-vary-greatly-income-level-equality http://taxfoundation.org/article/effects-marriage-tax-burden...