She does not make enough to pay taxes, after we are married her income will become taxed. married filing seperate gives no real relief, but if we are only married before god and not to the state we would be able to both file as head of household, this would give us a huge tax benefit of $6500. Together we have two kids in college and one in high school, we cannot afford to be legally married.
2007-03-23 19:30:42 · 13 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You have to get married before you can file as married, as it is illegal to do so, and even if you get married today, you still can't file as married as you were not married in 2006. Moreso you cannot both file as Head of Household. One of you has to file as single and the other as a head of household.
2007-03-27 13:54:00 · answer #1 · answered by Ola 4 · 0⤊ 0⤋
If you just live together and don't get married (if that's what you call "faith based marriage", then you would continue to file taxes as single, and possibly one of you could file as head of household if you meet the requirements. If you live in a state that recognizes common law marriages, you'd need to check out those rules so you don't inadvertantly become legally married.
If you live together, you can't BOTH file head of household. H of h requires that you pay MORE than half of the expenses of maintaining a household - you can't each pay more than half of the expenses of the same household, it's mathematically impossible. If you live separately, then you probably could both file as head of household.
2007-03-24 03:08:21 · answer #2 · answered by Judy 7 · 3⤊ 0⤋
Let's not talk about rights and wrongs, shoulds and shouldn'ts, because that's up to you to decide.
Given the current situation, you are already in a faith based marriage.
However, because it is not acknowledged by law, there will be a lot of limitations.
Taxes are one thing. Benefits towards families with children is another. Also, in the future, should anything happen, the both of you are not bound. Ultimately it is to protect you and to provide you with benefits that are given to married couples with children. There will be a lot of different legal hurdles in the future as well.
Watch 'the pursuit of happiness' and realise that there is no excuse to improve yourselves unless you are happy with what you can provide for your kids now.
2007-03-23 19:55:35 · answer #3 · answered by ShadowOfLight 2 · 1⤊ 0⤋
A faith based marriage may not be recognized to qualify for the tax benefits you are seeking. Sounds as if your souls are already married to one another, seek tax shelters and start investing your money in markets that will have your money make money for you and review ALL your tax write-offs throughout your household..
2007-03-23 19:46:30 · answer #4 · answered by Angel of Mercy 2 · 1⤊ 0⤋
In states that do not recognize common law marriage, which is most of them, you have to have a ceremony and, I believe, a marriage license to get the benefits (and costs) of marriage.
Costs are higher taxes now. Benefits include breaks on estate taxes, participation in employee benefit plans, ...
2007-03-24 02:33:31 · answer #5 · answered by CarVolunteer 6 · 1⤊ 0⤋
There is nothing wrong with living together unmarried. But do run the tax computations again -- it would be most unusual for a marriage to increase the tax bite, so check carefully.
2007-03-23 19:39:33 · answer #6 · answered by Anonymous · 0⤊ 1⤋
No you won't have the capacity to the two record as head of enjoyed ones, there can in ordinary terms be ONE head of enjoyed ones. The question is why is her earnings no longer taxed now if she is single? If she is working contained in the U.S. then her earnings no remember if "sufficient" or no longer remains taxed and he or she will record and get all or maximum of what she paid in on the top of the three hundred and sixty 5 days if she claims no deductions. without criminal marriage she heavily isn't coated below any medical wellbeing coverage which you have, she heavily isn't entited to any of your ingredients once you die, no remember what it states on your will. your loved ones being certain to you by utilising blood can are available in and take each thing you have leaving her with no longer something by way of fact she isn't legally married to you. by way of fact the mummy of your infants would you desire that to ensue? i recognize your infants are older yet would you desire your loved ones to return in and shove her and your one baby nonetheless in highschool out of their domicile by way of fact you detect it greater helpful tax smart to proceed to be legally single? Too undesirable she will't record for divorce.
2016-10-01 10:06:50 · answer #7 · answered by ? 4 · 0⤊ 0⤋
Unfortunately, the state recognizes any marriage that God does. Depending upon your beliefs it may not work the other way around but the state always defers to The Almighty on this one issue.
Only you can decide if your religious convictions outweigh the financial penalty of solemnizing your union.
2007-03-24 01:08:03 · answer #8 · answered by Bostonian In MO 7 · 1⤊ 2⤋
You think that $6500 is bad ...add child support and divorce lawer fees and 1/2 of everything you've got staying single looks pretty good.
2007-03-23 19:40:28 · answer #9 · answered by Sheriff of Yahoo! 7 · 2⤊ 2⤋
you can't both be head of household. by being married you will be entitled to the deductions allowed by filing married jointly.
2007-03-23 20:27:46 · answer #10 · answered by jthessen 2 · 4⤊ 1⤋