Originally Posted by
Led Zep
Hopefully you are not basing your decision to marry or not to marry based on taxes.
From a financial perspective you will probably be better off, even if you are in a higher tax bracket. It is going to be tough to try and find tax deductions as a married couple, but with the combined income of two pilot salaries your problem is not necessarily a bad problem to have to deal with.
It's good to come here and solicit for opinions. However, the best advice that I will offer to you is to seek the counsel of very good CPA.
BTW, there may not be many tax advantages to being married, but there are countless advantages to being married that are priceless.
Thanks Led but if it's going to cost me more money to be married, we may just be "domestic partners" for life.
(We are cheap Polish pilots....what do you expect....LOL!)
BTW, no, we are not basing the decision on that....I was just wondering what the financial advantage is since I have heard that but noone has told me what it is.