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 ...

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.

But little opposition is expected to retaining the child credit expansions and marriage penalty fixes. For now, though, we're rating this promise In the Works.

Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income ...

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 ...

However, the SALT cap cannot be reduced below $10,000 ($5,000 in the case of a married taxpayer filing separately). Note: the marriage penalty persists in the proposed legislation.

A new survey found that nearly 7 in 10 Americans believe Social Security benefits should be the same for everyone, regardless of marital status — a view many financial advisors question.