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Showing posts from February, 2017

Married with Taxes

Nateil: “In this world nothing can be said to be certain, except death and taxes.” - Benjamin Franklin

It’s February, and it’s tax season. Both of our W2’s have come in and I usually do both of our taxes. In 2015 a coworker of mine put me on to TurboTax and I’ve been using it ever since. But according to the tax law, a lot has changed since 2015. We got married!! Marriage is awesome and everyday I wake up and realize that I’ve made the best decision of my life! However, marriage brings tax implications, considerations and frustrations that I wasn’t even aware of! And I’m still clueless! 

Collectively, we made approximately $75,000 for 2016. We live in Georgia so you might think that’s a decent annual income but it doesn’t FEEL like it. There’s not a lot of COMFORT in that. We were both transitioning between jobs so we spent part of 2016 looking for work, but ultimately we still lived paycheck to paycheck. That’s no longer acceptable. However, in the eyes of law, since we’re ma…