Tuesday, April 15, 2014

Married Filing Jointly

My husband and I had a wedding in Austin in May 2006.  We got legally married in Santa Barbara in November 2013.  This was the first year we filed taxes jointly: married filing jointly.  Hooray for equal rights!  And we've paid more in taxes in 2013 than any other year.  The marriage penalty feels very real!

QOTD: "Multiple factors are involved, but in general, in the current U.S. system, single-income married couple usually benefits from filing as a married couple, while dual-income married couples are often penalized."

Key takeaway: gay marriage is good for U.S. tax revenue.

You're welcome America.

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