|
|
|
|
|
by hellojesus
146 days ago
|
|
I had the same conundrum. It costs me far more to be married than to not be married because of the itemized deduction loses. I used to be able to itemize about $21k. But now that I'm married, the standard $24k wins out, which means our household went from $33k deductions to $24k, and our effective rate ends up being about 30%, so that's about the $3k your are penalized. Plus state income taxes and county surcharges on income above $200k at 1%. It makes me terribly sad each and every year. And each and every year I have to reconsume stories about the man that flew his plane into an IRS building, and the guy from NJ that threatened an IRS agent on a voicemail and then called back immediately and apologized but still got 12 months. Every year I make a decision to not throw my life away. And every year it's a really tough decision. |
|