Include a Few Tax Items in Your Summer Wedding Checklist

If you're repairing for summer nuptials, make sure you do some tax planning as well.  A few steps taken now can make tax time easier next year.  Here are some tips from the IRS to help keep tax issues that may arise from your marriage to a minimum.

• Change of name.  All the names and Social Security numbers on your tax return must match your Social Security Administration (SSA) records.  If you change your name, report it to the SSA.  To do that, file Form SS-5 Application for a Social Security Card.  The easiest way for you to get the form is to download and print it on SSA.gov.  You can also call SSA at (800) 772-1213 to order the form, or get it from your local SSA office.
• Change tax withholding.  When you get married, you should consider a change of income tax withholding.  To do that, give your employer a new Form 1-4, Employee's Withholding Allowance Certificate.  The withholding rate for married people is lower than for those who are single.  Some married people find that they do not have enough tax withheld at the married rate.  For example, this can happen if you and your spouse both work.  Use the IRS Withholding Calculator tool at IRS.gov to help you complete a new Form W-4.  See Publication 505, Tax Withholding and Estimated Tax, for more information.  You can get IRS forms and publications on IRS.gov/forms at any time.
• Change of address.  Let the IRS know if you move.  To do that, file Form 8822, Change of Address, with the IRS.  You should also notify the U.S. Postal Service.  You can change your address online at USPS.com, or report eh change at your local post office.
• Change in filing status.  If you are married as of December 3, that is your marital status for the entire year for tax purposes.  You and your spouse can choose to file your federal tax return jointly or separately each year.  It is a good idea to figure the tax both ways so you can choose the status that results in the least tax.