9 Events When Your Taxes Drastically Change

What happens to your taxes when you get married

No matter how late in the year you get married, the IRS considers you married for the entire year. Even if you get married on Dec. 31, 2018, you must file your 2018 tax return as either married filing jointly or married filing separately, but you can’t use any of the single filing statuses.

Depending on your circumstances, you could save money after you’re married, or you could find yourself hit with the marriage tax penalty because you’ll owe more together than you would if you and your spouse were still single.

PREV1 2 3 ... 19NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

2 thoughts on “9 Events When Your Taxes Drastically Change”

  1. Just a quick question if a person has not worked for a year and she has no medical insurance does she have to pay the fee at tax time because she does not have a job

    1. It depends on your household income and the plan year. For 2018 plans and earlier, if insurance is unaffordable to you based on your income, you may qualify for an exemption from the fee. Other exemptions are based on low income too.

related posts
from our network