Marriage taxes have never been an issue since this is the first time my spouse and I are married filing jointly. Is there a reason that we didn’t receive a state tax refund and have state tax due?
You might not have adjusted your W-4s with your employer after you were married. This allows you to take your combined income into account.
Most likely, when you combined your two incomes on the return, you were pushed into a higher tax bracket with a greater tax liability. Each employer would be unaware of your spouse’s income. So, your withholding would be based on the lower tax bracket for each individual’s income. This results in you having a tax balance due rather than getting refund money.
Learn more about the IRS refund process. Get information on when you can file your taxes and when to expect your refund.
If you sold stock, bonds or other securities through a broker or had a barter exchange transaction, you will likely receive a Form 1099-B. Learn more from H&R Block.
What are the tax brackets for U.S. taxes? Review income tax brackets based on your filing status and taxable income and understand how they apply to you.
Get the latest updates on the Protecting Americans from Tax Hikes Act. Learn how the PATH Act may affect your tax refund this year.