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Re:Petition to eliminate marriage penalty for dual-career co... by laurencerowe on Sunday February 21, 2016 @02:50AM (#11143720)
I believe you can still file separately, though the mortgage interest deduction is limited to 500K of loans per person instead of 1M.
Re:Petition to eliminate marriage penalty for dual-career co... by etalam on Sunday February 21, 2016 @08:18AM (#11144375)
You can still file separately, but the brackets for singles and married filing separately are different. The brackets for married filing separate is effectively the brackets for married filing jointly except split in half. At lower levels it's the same, but once you get to the higher ends of the 25% and beyond they start to diverge: http://www.bankrate.com/finance/taxes/tax-brackets.aspx