Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details

AARP

Time to Double-Check Your Paycheck

By Gary Strauss

Your marital status is changing. If you get married at any time during the year, the IRS considers you married the entire year. Likewise, if you get divorced, tax-wise, you’re considered divorced for the full year. “You may want to adjust your W-4 to factor in your spouse’s income, deductions, and credits or lack of,’’ says Eric Bronnenkant, an accountant, certified financial planner and head of tax at investment firm Betterment. “And if you’re getting divorced, you might want to adjust your W-4 to ignore all of your ex-spouse’s income, deductions and tax credits.”

Read the Original Article

This article originally published February 13th, 2018 on AARP

Search our site