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Reply to "Biden tax proposals - MFJ"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What is MFJ?[/quote] It's sad that someone who is allowed to vote in this country actually has to ask that question. Sigh.[/quote] Wait. “MFJ” is clearly not common knowledge. Or am I missing sarcasm here?[/quote] I've not the previous poster, but MFJ is a strange acronym that I have never seen used anywhere before this thread. I know what the term means and I've done my own taxes for the last 20+ years, but I had to do a double take to figure it out. It wasn't immediately obvious from the thread title.[/quote] NP but it should be pretty obvious from the language in the OP that discusses tax proposals related to individuals and MFJ.[/quote] Fair; but it is [b]a weird acronym that isn't really common knowledge [/b](financial professional here). Though I swear that very people here (including what appears to be OP) understand the concept of marginal tax rates.[/quote] It's on every pay stub, for God's sake[/quote] Never been on my pay stub. [b]How would your employer even know how you file your taxes? [/b] [/quote] It's not on my paystub. All I see are my allowances and "Taxable Status: Married"[/quote] The employer knows and it's on my pay stub because the DC D4 makes you fill in a bubble for tax filing status. The federal W4 also requires an answer about it. [/quote]
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