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The Marriage Tax Penalty Post-TCJA

June 10, 2019

The U.S. federal tax system has featured some form of higher income taxes for dual-earner married couples than for two unmarried persons since 1913; this is commonly referred to as the marriage tax penalty. Similar to prior tax reforms, the law known as the Tax Cuts and Jobs Act (TCJA) preserved the penalty for marriage, reducing some components and creating some new concerns. Read more at The Tax Adviser.