Taxpayer Advocate Service – TAS Tax Tip: Got married? Here are some tax ramifications to consider and actions to take now (October 27, 2021)

The Taxpayer Advocate Service has published an article titled “TAS Tax Tip: Got married? Here are some tax ramifications to consider and actions to take now,” which provides information regarding tax responsibility considerations for married couples. The article begins as follows:

Did You Get Married this Year or Plan to Marry Before Dec. 31st?

If yes, read on…

When you get married, your tax situation changes. Your marital status as of Dec. 31 determines your tax filing options for the entire year. State law determines whether you are married. If you’re married at year-end, you have two filing status choices:

filing jointly with your new spouse; Married Filing Jointly

or

filing separate from your spouse; Married Filing Separately

To view the full article, click: “TAS Tax Tip: Got married? Here are some tax ramifications to consider and actions to take now”

Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal

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