Most people assume marriage means you get a big tax break.
The idea is: you combine both incomes and pay a single, reduced income tax.
This is true in many cases, but not all of them.
When you spin up the numbers, the calculator shows where you sit on this chart.
Couples who earn an income somewhere in between can expect a bonus.
And when the split is about 50/50, the difference in filing jointly vs. individually is pretty negligible.
Before you decide whether to file separately or jointly, its worth a look.
Check it out at the link below.
Tax Day: Are You Receiving a Marriage Penalty or Bonus?| The New York Times
