Just like how your relationship status affects how you spend Valentine's Day, it can impact your taxes.
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Who will the IRS consider married for federal tax purposes? What about State taxes? Can taxpayers go back and amend prior tax returns or only go forward?
Although it's tempting to let such mistakes slide, chances are the IRS will discover the error eventually, and when they do you could be liable for interest and penalties going back to the due date of the original tax return.
Marriage does indeed have many financial ramifications -- both good and bad -- and several involve the dilemma over whether to file income taxes together or separately. Let's sort through the noise.
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