Saturday, January 23, 2010

What are the specific tax breaks for married couples?

You can each get an IRA even if only one of you had income. You can take a personal exemption each even if only one had income. You get a larger standard deduction.What are the specific tax breaks for married couples?
You can file a joint return, which will normally result in less tax than if you filed individually.
  • jane iredale
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