I thought that the marriage penalty was eliminated years ago, but it was probably just eliminated in the income brackets that applied to us at the time. Based on all the new tax talk I ran some scenarios and was surprised with the result...
It can be a pretty nasty tax delta, $30k+ in the worst case scenario. Think the wife would go for a “tax divorce”;)
It can be a pretty nasty tax delta, $30k+ in the worst case scenario. Think the wife would go for a “tax divorce”;)