Does Your State Have a Marriage Penalty? 2022

Click to Enlarge

Does Your State Have a Marriage Penalty? 2022

A marriage penalty exists when a state’s income brackets for married taxpayers filing jointly are less than double the bracket widths that apply to single filers. In other words, married couples who file jointly under this scenario face a higher effective tax rate than they would if they filed as two single individuals with the same amount of combined income.

Click Here for Your Long Term Care Insurance Quotes