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To Have And To Hold

The news isn't all that terrible for married taxpayers. Check out these tax breaks.

This story appears in the May 2000 issue of HomeOfficeMag.com.

Much has been made in recent weeks about the "marriage penalty" tax that stings married couples who file their taxes together with a stiffer tax bill than unmarried couples who file separately.

While Congress continues to crank up efforts to eliminate, or at least alleviate, the marriage penalty (both President Clinton and Congressional Republicans favor its elimination), there are some overlooked tax benefits for spouses that you shouldn't ignore. Here are a few you may have overlooked:

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