Is it true there are tax benefits to being married? Is it worth it to marry a friend?

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Posted by Hannah Gold (MONEY FORUMS: 6, Answers: 5)
Asked on March 7, 2016 1:23 pm
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Yes there are tax benefits. Marriages create a more productive and stable society – the gov’t of course wants that. So it makes sense for the gov’t to reward us monetarily. Furthermore, having a roommate for life saves you tons of money as well. Two people living together doesn’t cost double the price, you know? Don’t forget how your student loans will be looked at upon marriage (an article I wrote recently): https://www.lendingtree.com/student-loan/how-student-loans-are-affected-by-marriage-article
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Posted by Will Lipovsky (MONEY FORUMS: 0, Answers: 37)
Answered: March 9, 2016 9:30 am
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You should marry your best friend :)

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Posted by Hannah Rounds (MONEY FORUMS: 1, Answers: 54)
Answered: March 8, 2016 10:33 pm
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From bankrate.com state taxes, it looks like in some states if you are married and filing a joint return, then your taxes are different. For example, in Kansas, the rates are the same and the income amounts double, while in New Mexico, the rates are the same and the income amounts are higher than a single individual but not doubled. I think this means that in NM you could potentially pay less taxes if you are married, but this rule does not apply to all states.

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Posted by Lauren R. (MONEY FORUMS: 4, Answers: 1)
Answered: March 7, 2016 11:57 pm
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Not sure, but it does mean that you stop having access to your parent’s insurance!

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Posted by Kaia A. (MONEY FORUMS: 4, Answers: 1)
Answered: March 7, 2016 9:11 pm
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