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Level 1
June 1, 2019
Question

Marriage credit

  • June 1, 2019
  • 1 reply
  • 12 views
My husband and I got married in 2018. How do we know if we are getting a tax credit for that?

1 reply

June 1, 2019

There is not a tax credit for getting married, but when filing jointly, your standard deduction goes from $12,000 to $24,000 which is a big benefit. Also, many other credits have income limits for which you can take them. These limits raise substantially for married filing jointly.