New Year's Eve marriage still filed in 2010 - NBC12 - WWBT - Richmond, VA News On Your Side

New Year's Eve marriage still filed in 2010

Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - If you're planning on tying the knot before the year's end, be aware it could be a "taxing" experience.

That's because even if you marry on New Year's Eve, you're married for the entire year according to the IRS.

That means you'll be taxed at a married rate.

You could choose to file jointly with your spouse and save some money, but if your newlywed spouse has tax problems, and you file jointly, you're on the hook with him or her.

Filing separately keeps your affairs separate and safe.

Copyright 2010 WWBT NBC12. All rights reserved.

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