Anonymous wrote:Anonymous wrote:This is the main reason I've never legally married my partner. We actually had a small destination wedding in another country several years ago and call each other husband and wife, all our friends and family think of us as married, but for all legal purposes we are single -- we each get our own health insurance through work and for taxes I file as head of household and claim our kids, he files as single. We've done the math and being married would cost us about $15K a year in taxes.
This is smart. Wish I had thought of that. I should have had my religious wedding, but not the county issued marriage license. DH makes a lot more than me and pulls me up several tax brackets upwards. I feel like I'm being robbed by being married. We have our own health insurance and such, there was no reason to be married legally.
Anonymous wrote:Anonymous wrote:I've been married for 2 years and for the second year in a row, I (along with my husband) owe federal and state taxes. I got a decent refund while I was single and so did he. Last year (Ist year of marriage), we filed jointly and ended up owing. It was a highly annoying sticker shock but we paid it and adjusted our W4s to have our employers deduct more money through the year.
Imagine my chagrin yesterday when turbo tax says that we owe AGAIN this year and this year's bill is even higher than last year. That's it!, I want a divorce, this is ridiculous. Neither one of us are high earners and we have a little girl so it's not like we are living high on the hog as it is. But to have to fork out money that we don't have to pay a yearly tax bill is not something I want to deal with yearly.
I (and I suspect my husband) was perfectly fine being unmarried in a relationship. We only got married because of our child, whom, Uncle Sam now says that we can only claim a minimal child credit deduction for because we 'earn too much'. Whaaaaatt?
I am filing for divorce. This is bullshit.
+10000!!! Unless you own a home and/or have multiple children, you're gonna owe. It's ridiculous. But my neighbor with 7 kids working 10 hours a week will get a 10K refund in addition to housing voucher, food stamps, medicaid, etc.![]()
Anonymous wrote:Anonymous wrote:OP, do you itemize or use the standard deduction?
OP here, we itemize.
Also on our W4- I claim 2 exemptions and DH claims 1. Isn't that what the instructions are on the form? Claim one for yourself, and one for your dependent?
Anonymous wrote:OP, do you itemize or use the standard deduction?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I just every year sit down and crunch some numbers with a withholding calculator and decide how much to withhold on my W4 (sometimes it is zero exemptions + extra). You can also look into married filed separately, although there may be some reasons why it works out better to file jointly, depending on your situation. It's not really a big deal---there are other benefits to being married, like, for example, for my non-W2 employee husband to be on my employer health insurance.
Yes, again -- there is actually a form on your W2 that exists for this EXACT REASON. Take a gander at it. There is really no element of "surprise" here.
Isn't the form on your W4 not W2?
Anonymous wrote:Anonymous wrote:I just every year sit down and crunch some numbers with a withholding calculator and decide how much to withhold on my W4 (sometimes it is zero exemptions + extra). You can also look into married filed separately, although there may be some reasons why it works out better to file jointly, depending on your situation. It's not really a big deal---there are other benefits to being married, like, for example, for my non-W2 employee husband to be on my employer health insurance.
Yes, again -- there is actually a form on your W2 that exists for this EXACT REASON. Take a gander at it. There is really no element of "surprise" here.
Anonymous wrote:I just every year sit down and crunch some numbers with a withholding calculator and decide how much to withhold on my W4 (sometimes it is zero exemptions + extra). You can also look into married filed separately, although there may be some reasons why it works out better to file jointly, depending on your situation. It's not really a big deal---there are other benefits to being married, like, for example, for my non-W2 employee husband to be on my employer health insurance.
Anonymous wrote:DH makes a lot more than me and pulls me up several tax brackets upwards. I feel like I'm being robbed by being married.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I've been married for 2 years and for the second year in a row, I (along with my husband) owe federal and state taxes. I got a decent refund while I was single and so did he. Last year (Ist year of marriage), we filed jointly and ended up owing. It was a highly annoying sticker shock but we paid it and adjusted our W4s to have our employers deduct more money through the year.
Imagine my chagrin yesterday when turbo tax says that we owe AGAIN this year and this year's bill is even higher than last year. That's it!, I want a divorce, this is ridiculous. Neither one of us are high earners and we have a little girl so it's not like we are living high on the hog as it is. But to have to fork out money that we don't have to pay a yearly tax bill is not something I want to deal with yearly.
I (and I suspect my husband) was perfectly fine being unmarried in a relationship. We only got married because of our child, whom, Uncle Sam now says that we can only claim a minimal child credit deduction for because we 'earn too much'. Whaaaaatt?
I am filing for divorce. This is bullshit.
+10000!!! Unless you own a home and/or have multiple children, you're gonna owe. It's ridiculous. But my neighbor with 7 kids working 10 hours a week will get a 10K refund in addition to housing voucher, food stamps, medicaid, etc.![]()
Yep. Welcome to Obama's country. Where you are subsidizing those that make less than you and have more kids. We all just need to get used to the idea that everyone must make around the same salary in this country - being too rich is just bad, bad, bad so you must give some back so it all evens out.