Re:Over Half of U.S. Young Adults Now Live with Their Parents
by feoren on Monday November 30, 2020 @02:52PM
(#25258102)
I have no idea what tax breaks I'm supposed to have gotten from being married. Our collective taxes went up after being married. Is the tax thing folklore from the era when only one partner worked? And mortgage interest being deductible has nothing to do with marriage.
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Re:Over Half of U.S. Young Adults Now Live with Their Parents
by falcolas on Monday November 30, 2020 @03:06PM
(#25258272)
I (well, We) got one. It's going to vary based on your number of dependents and your tax bracket. Tax law being so super-easy-to-understand here in the states. /s
WRT mortgages, given some of the other threads in this discussion pointing out that something like 70% of millennial homeowners were married, it certainly seems relevant.
EDIT: It looks like it really depends on the income levels of both parties. Two well paid professionals will probably see a penalty filing jointly, whereas a single professional income will likely see a benefit.