Sentences with phrase «taxes after marriage»

What happens to your taxes after marriage?

Learn more about filing taxes after marriage, children, retirement and more.

Not exact matches

Once the wedding bells stop ringing, it's time to get real about how your money might change after marriage — starting with taxes.

In the 50s, everyone, including governments of all colours, knew that marriage was the foundation of social stability: and a man whose wife stayed at home to look after the children didn't pay any tax at all until he was earning the average national wage.

After an eventful four years as governor, Cuomo is running on his record of accomplishments: A property tax cap, the legalization of same - sex marriage, a sweeping gun control law and enacted budgets that have kept spending increases under 2 percent.

Backing the insurance exchange would also further upset the Republican base after the GOP leadership allowed votes on the same - sex marriage law and backed the tax code overhaul.

«Thinking back on what we accomplished makes me tired,» said Cuomo after reading through a list of legislative successes, including the historic passage of gay marriage and a property tax cap.

Cuomo's surrogates argue he has delivered for progressives on other fronts, by brokering the passage of same - sex marriage, renewing most of a 2009 income tax surcharge on the wealthy and, after much back - and - forth with New York City mayor Bill de Blasio, authorizing the money for an expansion of pre-kindergarten programs statewide.

After coming off a successful 2011 session that featured the passage of a property tax cap, ethics reform and same sex marriage, though, public opinion is starting to slowly turnaround.

This type of online marriage has many advantages for tax, insurance and is generally legally recognised for immigration purposes, after it has been consummated.

After the ruling, any same - sex couple that was married in a state that recognized same - sex marriage would then be treated as married for federal tax purposes.

Retiring after a second marriage» Do I qualify for the pension tax credit?»

Married couples often buy a home, sometimes their first, so mortgage interest often enters their tax picture after marriage — making itemization often worthwhile.

A practice of saving paperwork for one year after the relevant statute of limitations for a lawsuit expires is common, but some kinds of paperwork needs to be retained much longer such as vital statistics records (e.g. birth certificates, marriage certificates and divorce decrees) that can prove citizenship and marital status, documents showing the purchase price of property that may later be sold until it is sold (for tax purposes), documents that prove ownership of property that is still owned, documents that prove final payment of debts, many documents related to a divorce, and many documents related to estate planning.

For example, if you and your spouse have a credit card that you both used during the marriage and after the card was settled you received a 1099 from the settling creditor, only you will be responsible for paying the taxes due on that phantom income.