Marriage Tax Calculator
(Compare "Married Filing Jointly" vs. "Single" tax scenarios)
Input Your Details:
Your Income: $_______/year
Spouse's Income: $_______/year
Filing Status Options:
✅ Married Filing Jointly
✅ Married Filing Separately
✅ Compare to Single Filing (pre-marriage)
Deductions:
Standard Deduction: $27,700 (2024, MFJ)
Itemized Deductions: $_______ (if higher)
Tax Credits:
Child Tax Credit: _______ kids × $2,000
Other Credits: $_______
Calculate:
💲 Combined Tax as Married: $_______
💲 Combined Tax if Single: $_______
📈 Marriage Bonus/Penalty: $_______ (saved or owed extra)
How It Works:
Marriage Bonus (Common when one spouse earns more):
Example: You earn $100K, spouse earns $30K → save ~$2,000 vs. filing single.
Marriage Penalty (Common with similar high incomes):
Example: Both earn $100K → pay ~$3,000 more than filing single.
Key Factors:
Tax brackets for MFJ are not double Single brackets.
Some credits (e.g., Earned Income Tax Credit) phase out faster for couples.
Example Calculation:
You: $80,000 | Spouse: $50,000
MFJ Tax: ~$16,500
Single Taxes: ~$18,000 combined
Marriage Bonus: $1,500 saved
Tips to Reduce Penalties:
✔ Adjust Withholding (Use IRS W-4 calculator)
✔ Maximize Pre-Tax Deductions (401(k), HSA)
✔ Consider Filing Separately (Rare, but helpful for student loans/IRAs)
(Note: Based on 2024 tax laws. State taxes may vary.)
Want to see your specific scenario? Share your numbers! 😊
(For official estimates, use IRS Tax Withholding Estimator)
