Federal Tax, Tax

Important 2024 Tax Preparations for Newlyweds

Wedding season is here. That’s generally a happy time involving gifts, cake and endless details. The last thing on your mind may be taxes but the IRS wants to remind newlyweds of a few important steps. Next year, you’ll be filing your first tax return as a married person and that could affect the amount of taxes you should be having withheld from your paycheck. You can use the IRS Withholding Estimator tool to check. Also, give your employer a new Form W-4 with your new information. If there’s a name change, report it to the Social Security Administration. Report an address change to the IRS and U.S. Postal Service to avoid delay of any tax refund. Here’s more: https://bit.ly/3w6dsvxContact us with questions. © 2024