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Relationship Discussion (non-explicit)
Reply to "Sucks for the higher-earning spouse"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This tax bill is about as anti-family as it gets. We are currently engaged. We will see a much bigger tax bill after we get married later this year (I make $130K, DW makes $150K).[/quote] Umm, the marriage tax went away at your income levels with this new tax bill. Under the old tax bill, yes, you would get a big marriage tax penalty. [/quote] SALT deduction is limited to $10K, regardless if single or married. If married, you only get $5K per spouse. That's a big hit. Same with AMT exclusion - $70K for single, only $105K for married couple.[/quote]
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