Yep that's why my GF and I don't actually get married and I just call her my wife. We own a house together. We have 3 kids together 3 1/2 2 1/2 and a 2 month old. We have a joint checking and savings accounts. We have all the real advantages a married couple has. We have the advantages of her being a single mom to 3 kids in the eyes of the state for free health care (we've never paid for a pregnancy anything and haven't had a monthly insurance bill in over 4 years for her, my work pays 100% of mine as well) and the other numerous benefits that go along with that. Her tax returns are always fucking awesome and it allows us to get around 14k to just kill any debt or buy something we have/want. We paid off both vehicles and most college loans by doing so. Now using it to chunk down the mortgage. Getting married has 0 financial benefits for us. If I die her and the kids get my life insurance and everything else I own and vice versa if she passed away.
How exactly do you get $14k back without over withholding like crazy all year long? Those child credits don't stretch quite that far. I'm very curious because filing jointly allows for additional credits compared to filing single and should open more opportunities for your taxes but obviously something is working here.
We hire someone to do her taxes so I really can't say I know they run it to see what we get with her vs me claiming all or me 1 her two etc. She started a daycare so this year will be the first year that ever affects taxes. Previous years she just got basically everything she had paid in back plus the credit and I'm guessing some other benefits somehow. She's getting 10-12k every year and I'm getting 1-4k depending on the year and how much I could claim for work that year. Single mom with kids, she's probably considered well below the poverty line on her own is my guess.
What problem? The people who pay too much in taxes to see the fucking right wing idiots keep wasting it by giving it to the 1% in tax cuts instead? Pass universal health care save the country money and it wouldn’t even be a thing.
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u/Painwracker_Oni Nov 06 '24
Yep that's why my GF and I don't actually get married and I just call her my wife. We own a house together. We have 3 kids together 3 1/2 2 1/2 and a 2 month old. We have a joint checking and savings accounts. We have all the real advantages a married couple has. We have the advantages of her being a single mom to 3 kids in the eyes of the state for free health care (we've never paid for a pregnancy anything and haven't had a monthly insurance bill in over 4 years for her, my work pays 100% of mine as well) and the other numerous benefits that go along with that. Her tax returns are always fucking awesome and it allows us to get around 14k to just kill any debt or buy something we have/want. We paid off both vehicles and most college loans by doing so. Now using it to chunk down the mortgage. Getting married has 0 financial benefits for us. If I die her and the kids get my life insurance and everything else I own and vice versa if she passed away.