Marriage bonus

Tax System

When a married couple pays less tax filing jointly than they would as two single individuals, typically occurring when one spouse earns significantly more than the other.

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Unit 04: marriage

Tax System

Related Terms

Marriage penalty

When a married couple pays more tax filing jointly than they...

Married Filing Jointly (MFJ)

A filing status for married couples combining their income a...

Progressive taxation

A tax system where higher incomes are taxed at higher rates....