DISQUS

Bernadette Speaks: Tax Planning is a Part of Pre-Marital Counseling

  • Alicia Franklin · 8 months ago
    Hi Bernadette,

    This article has come at the right time for me. My fiance' and I are planning to wedd in late August of this year. What I am concerned about is filing for next year. I only make about $31K per year and he makes right around $100K and he owes taxes every year after he files. I am concerned that I will inherit that tax debt as well. Could you please provide some advice/tips on reducing our tax bill for next year. If he owes, do I owe as well?

    Thanks,

    A. Franklin
  • Bernadette · 8 months ago
    I'm so glad you found this article informative. Yes, there's a way to keep it separately. It's called an injured spouse form. This will protect your portion of the refund from his tax debt.