Latest Posts
Home > Ask The Get Out of Debt Experts > Is There a Tax Penalty for Filing Jointly? – Kathy

Is There a Tax Penalty for Filing Jointly? – Kathy

“Dear Jim,

im about to be married

my fiance wants to know if there is a tax penalty when you file married filing jointly

Kathy”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Thanks for your question Kathy.

Your question: Is there a tax penalty when you file jointly?

Almost always, it is more beneficial to file jointly to take advantage of the lower tax rates and allowable deductions/credits (higher standard deduction, child care credit, education credits, etc.) that are afforded to married persons.

Thanks

Jim

Is There a Tax Penalty for Filing Jointly?   KathyJim Buttonow is one of the resident debt experts here at GetOutOfDebt.org that helps people for free. Jim is a licensed CPA who spent 19 years with the IRS coordinating large compliance teams of IRS agents and specialized personnel. In the last 5 years, Jim has invented consumer and practitioner software and treatises on how to address many different tax issues. He has also represented many people before the IRS examination, collection, filing, and appeals functions. He currently assists taxpayers on an active pro bono tax practice aimed at serving people in need. He can be reached at IRSMind.com.

If you have a tax question you’d like to ask just use the online form. I’m happy to help you totally for free.

Is There a Tax Penalty for Filing Jointly? - Kathy by

Share This and Spread the Word

About Jim Buttonnow

Jim Buttonnow
Jim Buttonow, CPA/CITP, is cofounder of Beyond415. He has more than 26 years of experience in IRS practice and procedure. Reach Jim at [email protected].

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.