How Getting Married Affects Your 2022 Income Tax Return

How Marriage Affects Your Tax Filing Status

Find out about innocent spouse relief or injured spouse relief for a portion of your joint 2022 Return. You may also change your address with the IRS via telephone or written statement. Choosing these methods will require your full name, new and old addresses, your date of birth, SSN , and any additional information they may request for identity purposes. Once the SSA has changed your name, they will send the information to the IRS. This may take months before the IRS gets notified of the name change and their tax systems gets updated.

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Depending on your situation, this could be a tax benefit of being married. Thesetax bracketswill determine the highest rate of tax imposed on your income. Tax brackets are different for each filing status, so your income may no longer be taxed at the same rate as when you were single. You can claim deductions for children and childcare expenses. Child tax credit and credit for other dependents are both permitted on an MFS tax return.

Married Filers

A couple pays a “marriage penalty” if the partners pay more income tax as a married couple than they would pay as unmarried individuals. Conversely, the couple receives a “marriage bonus” if the partners pay less income tax as a married couple than they would pay as unmarried individuals.

If you’ve recently gotten married or entered into a domestic partnership, S.H. Block Tax Services is here to help you navigate potential tax issues. Our attorneys and support staff have decades of tax resolution and filing experience, and we’ve earned an A+ rating with the Better Business Bureau for our years of service on behalf of Maryland taxpayers.


A simple tax return is one that’s filed using IRS Form 1040 only, without having to attach any forms or schedules. The Form W-4 is complicated; that is why have created four free W-4 creator tools to help balance your taxes. Your goal is to match your withholding with the amount you’ll actually owe for the year, so you get neither a big tax refund nor a nasty tax surprise when you file your return. Your filing status depends partly on your marital status on the last day of the tax year which is December 31.

  • If you’re married, you always have the option to file your taxes separately.
  • Filing separately, however, is rarely beneficial when you calculate the impact on both spouses.
  • For example, the maximum Saver’s Credit, which incentivizes lower-income people to save for retirement, is doubled for married couples filing a joint return – from $1,000 to $2,000.
  • Also expect some variation in the tax breaks available to you.
  • Social Security is not taxed so long as your income is low enough.
  • You report your combined income and deduct your combined allowable deductions and credits on the same forms.

If you need help with e-filing your taxes, H&R Block is here. For additional questions and guidance,locate your nearest H&R Block tax professional. Spouses can give unlimited gifts of cash or other property to one another free ofgift taxes. This provision has important implications for estate planning purposes, so be sure to revisit your estate plan once you get married. Small Business Small business tax prep File yourself or with a small business certified tax professional.

Tax Withholding and W-4s After Marriage

If your marriage is annulled, the IRS also considers you unmarried even if you filed jointly in previous years. If the kids are already out of the house when your spouse dies, this status probably won’t work for you, because you have to have a qualifying child living with you. You also have to provide more than half of the cost of keeping up the house during the tax year. Investing and capital gains can be planned better for an unmarried couple. In 2012 the capital gains tax rate could be 0% for Jennifer and 15% for Joshua. Joshua could gift Jennifer $13,000 of highly appreciated stock, which she could sell and pay no capital gains.

How Marriage Affects Your Tax Filing Status

Another reason is if one of you has a lot of itemized deductions that don’t apply to the other person. For example, if you have out-of-pocket medical expenses that exceeds 7.5% of your adjusted gross income. If you file jointly and double your income, it will be a lot harder to write off those expenses. Taxes are usually the same or higher for a married couple, especially when both work, than they are for those who just live together. The only tax benefit of marriage occurs when one spouse chooses not to work at all. The couple thus avoids any additional taxable income and adds one slim additional personal exemption.

This will allow the Marketplace to update your premium tax credit amount as well as help you avoid owing money or getting a smaller refund that you do not expect when you file your tax return. When preparing and filing with, use your 1095-A to allow the eFile app to report the necessary information on your 2022 How Marriage Affects Your Tax Filing Status Tax Return. You’ve probably heard about the marriage tax “penalty” or the idea that a married couple pays more income tax than they would have if they remained single. A lot of people don’t know that married couples actually get a marriage bonusand often pay less income tax than they would if each partner were single.

Donating cash can mean getting a deduction, helping you lower your taxable income. For your 2021 taxes, a new rule related to the CARES Act allows an above-the-line deduction of $300 for gifts of cash to charity. However, those who are married filing jointly can double that amount and deduct $600. If married taxpayers have a Massachusetts residency tax year that begins and ends on different days, they must file married filing separately, assuming each spouse is required to file. With so much that goes into planning a wedding, it’s not often that engaged couples take a moment to think about how their impending nuptials will impact their taxes. And while it’s far from the most important thing on your list, it is a good idea to properly plan and prepare for the changes to your tax filing status, and other tax considerations. Here are 5 things that you should be aware of, so that you’re not caught off guard when you file for the first time as a married couple.