If so, here are a few ways how getting married affects your taxes:
1. Name Change: If you are changing your name, you will need to notify the Social Security Administration. Your name on your tax return must match what is on file at the Social Security Administration.
2. Address Change: If you have moved, you will need to notify the IRS of your address change.
3. Filing Status Change: You have the option to file married filing jointly or married filing separately. In most cases, married filing jointly is more advantageous, but both statuses are something to consider before filing.
4. Withholding Change: You may want to change your tax withholding at work to take into consideration the new filing status and possibly additional deductions.
5. Tax Form Change: Now that you are married, you may be able to take itemized deductions, which requires additional forms and a longer tax return.
We are here to help determine the most advantageous filing status and get all of the proper forms filed after you get married. Give us a call at (610) 863-8347 for a free consultation!
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