Saturday School: Is the ‘Marriage Penalty’ a Myth?

During tax season, you might hear couples grousing about how they must pay higher taxes than if they had stayed single. But watch this video to learn why that is not always true.

Saturday School: Is the ‘Marriage Penalty’ a Myth? Photo by Marcos Mesa Sam Wordley / Shutterstock.com

For decades, couples have complained about the “marriage penalty.” This is the notion that two people who marry pay higher taxes than if they were both filing as singles.

But it turns out that is not always true. Watch this Khan Academy video to learn more about when married couples pay more in taxes than singles, and when they do not.

What’s your take on the “marriage penalty”? Let us know in the comments below or on our Facebook page.

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