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Questions tagged [marriage]

For questions related to marital issues, e.g. filing jointly, sharing finances, etc. For tax questions, please add a relevant country or regional tag as well.

5 votes
2 answers
3k views

What are the specific financial implications of not being a US citizen after a spouse dies?

Given a normal marriage in the US. Given that couple has a 1 million dollar home and about the same in savings and the deceased spouse has 1 million in 401k what are the implications of the other ...
blankip's user avatar
  • 4,727
0 votes
2 answers
143 views

How to keep an upfront payment to cover a year of living costs, with additional savings

My (romantic) partner received a scholarship of roughly $12,000. We live somewhere (in Europe) where this is just about enough to cover a year of living expenses for one person. They will receive the ...
user115815's user avatar
1 vote
3 answers
373 views

File as single or married separately?

I’m in the US under an f1 student visa and got married in december of 2023 with a foreign person that lives abroad. I received income in 2023 and will submit my taxes as non resident and I believe my ...
kds9847's user avatar
  • 25
0 votes
2 answers
435 views

How to marry without merging personal finances?

I have a girlfriend and am thinking about marrying her. I understand marriage has certain benefits, such as being able to relocate to some other country and make immigration easier, in case of ...
siamii's user avatar
  • 151
1 vote
1 answer
258 views

How would I set up a prenuptial nest egg for a partner that would be difficult for me, as the spouse, to coerce out of them?

I'm getting married soon, and I am fortunate enough to have a career where I can be a sole breadwinner. I want to offer that to my fiancee, but she has not previously lived in a situation where this ...
TheHans255's user avatar
1 vote
1 answer
302 views

Gift tax implication If one would pay large and voluntary child support to girlfriend (have common child)?

If I understand correctly, if one transfers more than $17,000 to his girlfriend (not married) with whom he has a child then that would need to be reported on his gift tax return; And would consume his ...
user4910112's user avatar
1 vote
2 answers
682 views

Are there any tax/general implications to adding my fiance on employer sponsored insurance?

I recently started a new position and am working on declaring/electing benefits with my employer. To my surprise this employer allows "domestic partners" to be insured for various forms of ...
KDecker's user avatar
  • 1,108
1 vote
1 answer
65 views

Do I include 2 sets of W2's in mailed State return

I am filing my federal return as Married Joint and two state returns, one as married joint and one as married separate. This is due to one spouse living/working in the second state for part of the ...
theastronomist's user avatar
2 votes
1 answer
225 views

US resident filing a joint return with spouse who is non-resident

I am currently a H1B visa holder, and have been a resident (for tax purposes) for the last few years. I got married in Dec 2021, and my wife (who will be traveling to the US soon on an H4 visa for the ...
HighVoltage's user avatar
3 votes
4 answers
1k views

Marrying your platonic friend for state benefits

I've seen this in various places, and I was wondering what are the benefits, both financial or non economic related, of marriage, especially one with a pre-nup? I'm not intending on doing it, but I'm ...
Imeguras's user avatar
  • 147
2 votes
2 answers
423 views

How do you show that "you did not live with your spouse at any time during the year"?

My wife and I will be filing separate tax returns this year. Since I made more than $10,000 modified AGI during 2020, this would normally mean I am ineligible to contribute to a Roth IRA. However, due ...
turtlesandtaxes's user avatar
2 votes
0 answers
116 views

Tax implications when paying all-cash for real estate that is under your unmarried partner's name?

When buying real estate, title company usually asks how title should be formed. So had few questions when buying property together (or for) partner with whom you are not married, but have been living ...
user4910112's user avatar
0 votes
2 answers
398 views

Is marriage a financially sound decision? [closed]

I am a 29 year old male with average salary and I have been considering marriage, mostly out of peer pressure. When I was thinking about it, an obvious question came up: Is marriage ever a financially ...
gydorah's user avatar
  • 139
0 votes
1 answer
151 views

Is it better to invest FULL savings, in a home before marriage, or PARTIAL savings after marriage (50/50 contribution with spouse)?

My question is around the safety of my brother's investment (Washington State, USA) if shit hits the fan and his marriage falls apart. He is planning to buy a property now (huge investment) but our ...
stack_r's user avatar
  • 31
3 votes
1 answer
473 views

How does the "Married filing jointly and your spouse is covered by a plan at work" IRA deduction work?

Let's say that (as of 2020) I make between $124,000 and $196,000 a year, have a 401(k), my spouse does not work, we are both younger than 50, and we file jointly. In the course of trying to maximize ...
user1475412's user avatar

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