Marriage Tax Benefits

From Yahoo!

While persevering in sickness and health is a familiar concept during a wedding, you’ll rarely hear about tax breaks at the altar. However, married couples can take advantage of a slew of tax benefits, especially when they file jointly. Here is a list of tax benefits of marriage and how to maximize your refund as a couple. You may also want to consider working with a financial advisor to help you with your full tax planning strategies, especially if you’re planning a big life event.

Tax Benefits of Marriage

While it isn’t wise to marry for financial reasons, tying the knot allows couples to enjoy the following tax benefits when filing jointly. Remember, the benefits below don’t apply to couples filing separately, which we cover in more detail below.

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