Federal Tax, Tax

New IRS Checklist for 2022 Newlyweds this Tax Season

Did you or someone you know get married in 2022? The IRS has provided a checklist to help newlyweds avoid mistakes that could cost them at tax time. How you file depends on your marital status on Dec. 31. The married-filing-jointly status is typically the most beneficial way for couples to file, but it’s a good idea to take a what-if look at filing separately. Did your name change? To avoid delays, report changes to the Social Security Administration and if you have a new address, inform the IRS and the U.S. Postal Service. Also, within 10 days of getting married, provide your employers with new Forms W-4 (Employee’s Withholding Allowance). For more details: https://bit.ly/3UPGwh1. Contact the Cg Team with questions. © 2022