Marriage Penalty: Will Cupid's Arrow Stick You With a Higher Tax Bill?

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Cupid taxesIt’s hard to think of a less romantic topic than tax planning. But with Valentine’s Day upon us, the Tax Policy Center wants you to take a brief break from flowers and chocolate to show you some of the financial consequences if you and your honey decide to tie the knot.

At the Tax Policy Center website, you can take the financial equivalent of a couples test to see whether you and your partner would be better off married or single — at least from a tax perspective. All you have to do is enter…

Marriage Penalty: Will Cupid’s Arrow Stick You With a Higher Tax Bill? originally appeared on DailyFinance.com on 2013-02-14T08:51:00Z.

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