Does filing as Married with a stay home house wife increase tax return/paycheck?
So I got married last year overseas (she's coming to US this year, will live in NYC). Some background:
1. She will be a stay home spouse for a few years (until she decides to work)
2. She will not have any income, I'll be the financial support for both of us, we have no kids.
My two questions are, my paycheck and returns are kinda small (for two people and NYC expenses) after taxes while filed as single, what I want to know is:
- Will changing my status at work to "married" increase my paycheck? If so by how much is usually the increase, eg. if my 2 weeks paycheck is 2900 after taxes, how much will it increase it by?
- Will I receive a bigger tax return in February? And how should I file as, "Married filing jointly" or "Married filing separately" etc. and lastly can I claim her as a dependent?