Updating marital status

When tax season rolls around, your marital status on December 31 determines whether you can file as married for the year in question.If you file as married, you can generally choose to file your federal income tax return either jointly with or separately from your spouse, with the former usually offering plenty of lucrative benefits.

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Your tax return must match the name you’ve registered with the Social Security Administration in order to avoid problems. Postal Service as soon as possible so your mail delivery won’t be interrupted.

It affects the amount of your standard tax deduction and whether you’re eligible to claim certain tax deductions and credits.

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