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alien · 01-06-2005, 12:58 PM

I guess I'll pipe in here and ask my question. Got married in March '04 and changed my W-4 immediately to married status. My wife, however, just now changed her w-4 to reflect her married status. I claim zero dependents (yearh, I know interest free loan to Uncle Sam) and she claims herself.

We both make roughly the same amount of green (~70k/year a piece). How should we file? Joint income or married filing seperately? Do the benefits of the lower tax bracket outway the marriage penalty? Also, does her w-4 have to say she is "married" before we can file joint? I always contribute about $25 a paycheck just to make sure I get a refund will the ~650 bucks help cover the so-called "marriage penalty" if that's the case?

01-06-2005, 12:58 PM	#150 (permalink)
alien Upright	I guess I'll pipe in here and ask my question. Got married in March '04 and changed my W-4 immediately to married status. My wife, however, just now changed her w-4 to reflect her married status. I claim zero dependents (yearh, I know interest free loan to Uncle Sam) and she claims herself. We both make roughly the same amount of green (~70k/year a piece). How should we file? Joint income or married filing seperately? Do the benefits of the lower tax bracket outway the marriage penalty? Also, does her w-4 have to say she is "married" before we can file joint? I always contribute about $25 a paycheck just to make sure I get a refund will the ~650 bucks help cover the so-called "marriage penalty" if that's the case? Last edited by alien; 01-06-2005 at 01:02 PM..