The fiscal cliff bill permanently extended marriage penalty relief for the standard deduction, the 15 percent bracket, and the Earned Income Tax Credit. • Dependent Care Credit.

Are you getting married soon? Or have you recently exchanged vows? Amid all the wedding-related details, have you thought about your changing tax status?

However, as joint taxable income gets higher, the marriage penalty takes effect, especially in the 37 percent bracket, but to a much lesser degree than under the old law.

Marriage Tax Bracket Penalties While the Tax Cuts and Jobs Act (TCJA) of 2017 helped reduce marriage penalties for many by aligning most federal tax bracket thresholds for joint filers with twice ...

High-income taxpayers could feel the pinch because the tax code still contains substantial marriage penalties for couples with higher incomes. Low-income taxpayers could lose benefits that target the ...

According to research from the Federal Reserve Bank of Atlanta and Boston University, over 7 percent more low-income women with children would marry by age 35 without this marriage penalty.

The state also imposes a marriage penalty since its tax brackets and standard deduction are not doubled for taxpayers filing jointly. Because of this, married couples in New Jersey face higher ...

Here, we're rating Obama's promise to extend child tax credits and marriage-penalty fixes. The legislation Obama signed on Dec. 17, 2010, continues those tax measures for everyone for another two ...