Monday, April 10, 2006

Tax Dancing 

Income tax 101 for newlyweds in Massachusetts:

  • Prepare federal forms for each of you, as singles.  You will file these.
  • Prepare federal forms for each of you, as married filing separately.  You will not file these, but will use them for state.
  • Prepare federal forms for each of you, as married filing jointly.  You will not file these, but will use them for state.
  • Using the information from the federal married filing separately forms, prepare state forms for each of you as married filing separately.
  • Using the information from the federal married filing jointly forms, prepare state forms for each of you as married filing jointly.
  • Compare the state married filing separately and state married filing jointly to see which one works best.  File the better ones.
  • Curse DOMA, curse the federal government, curse all those who feel the need to denigrate your relationship in order to feel more secure in their own. 
  • Bestow many blessings on TurboTax.

|
Posted by Beth Henderson at 4:07 PM