More details to this question:
I am considering marrying. We have a child together. However, I am unsure how getting married will affect my taxes, insurance, etc. Will I have to file as married or can I still file as single? Will I have to change my insurance information? I do not plan on changing my name, if that makes a difference.
2 ANSWERS
Tax Attorney serving Portland, OR
at
Bullivant Houser Bailey PC
Update Your Profile
For most people, getting married will reduce their income tax liability. You would have to file jointly or married filing separately. However, for some couples where both have income-primarily those who have similar amounts of income-it will slightly increase their tax liability. Filing separately will almost always result in more tax payable than filing jointly because a lot of beneficial deductions or tax attributes are not allowed to either of you.
Answered on Nov 17th, 2011 at 10:52 PM
If you are married, your only filing options are married filing joint or married filing separate. If you choose to file married/separate, there are certain limitations in place as to deductions you can take.
Answered on Nov 17th, 2011 at 1:01 PM