(Closed) Tax questions?

posted 6 years ago in Money
Post # 3
Member
6123 posts
Bee Keeper
  • Wedding: August 2012

@tiffanygarcia:  OK I’ll go!

 

This is our first time filing as married people.

As single people, we were both in the 25% tax bracket and always got a small refund.  Now, combined, we’ll be in the 28% tax bracket (don’t have all my tax info yet, but I can tell we will be)

I’m guessing we’ll need to adjust our withholdings for 2013? Currently we each withhold 1 on W4s.

So if we happen to owe money (eep, I’ve never owed!), then we’d want to change withholdings correct?  If we get a little refund, then probably leave everything as is?

 

Thanks!

 

Post # 5
Member
280 posts
Helper bee
  • Wedding: May 2013

I’m getting married in May and we are both professionals with relatively high incomes (moderate for San Francisco, though!). We’ll be keeping all debts and most assets separate, at least for now. Will it be more beneficial to file jointly or separately? Thanks!!

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