Marriage, Divorce and Taxes

Both ‘events’ can impact your taxes. Dreamstime/TNS

By Sandra Block From Kiplinger’s Personal Finance

Marriage and divorce can affect your taxes. If you experienced either of those in 2022, here’s how to minimize their federal tax bite.

Marriage

Following a pandemic pause, more than 2 million couples got married in 2022. If you’re among the newly hitched, filing your first tax return as a married couple is a cold reminder that the honeymoon is over.