It's just fucked because me and my girlfriend both make a decent amount of money. We would pay less in taxes if we don't marry. I'm trying to figure out a way to avoid this annoying tax burden. Maybe I can defer certain employment payments until she and I take maternity or paternity leaves.
Lmk if any of you all have good strategies. Fwiw, I am working for a small business in a niche field of work.
Well my two cents would be to 1) clamp down hard on all expenses, and 2) plan a sweet simple wedding. 3) Amass a nice amount in the bank, as you are DINKed, meaning double income, no kids.
When both the wedding and the bank account are in place, and that should be next Valentine's Day, marry, and have her quit her job.
You will know by then how to live simply.
And your taxable income will be reduced soon by the presence of a baby, who brings a tax deduction with him.
She could keep up with her colleagues socially, and follow the journals and developments in her field from home.
She may not feel so good when she becomes pregnant, but she will feel better if not stressed by working.
It's just fucked because me and my girlfriend both make a decent amount of money. We would pay less in taxes if we don't marry. I'm trying to figure out a way to avoid this annoying tax burden. Maybe I can defer certain employment payments until she and I take maternity or paternity leaves.
Lmk if any of you all have good strategies. Fwiw, I am working for a small business in a niche field of work.
Here's the strategy: get married and have babies. Its that simple. Nothing else matters.
Well my two cents would be to 1) clamp down hard on all expenses, and 2) plan a sweet simple wedding. 3) Amass a nice amount in the bank, as you are DINKed, meaning double income, no kids.
When both the wedding and the bank account are in place, and that should be next Valentine's Day, marry, and have her quit her job.
You will know by then how to live simply.
And your taxable income will be reduced soon by the presence of a baby, who brings a tax deduction with him.
She could keep up with her colleagues socially, and follow the journals and developments in her field from home.
She may not feel so good when she becomes pregnant, but she will feel better if not stressed by working.
I always thought you got tax breaks for being married. Huh...damn.
You do if only one person works.