Tax Advice for Newlyweds from the IRS

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If you are planning a wedding, the IRS has some really good advice for newlyweds that will keep the stress down when tax time comes in April. "It is important to notify the IRS, the Social Security Administration, and the Post Office if you are changing your name or address as a result of the nuptials, said Dianne Besunder, the IRS spokeswoman for New York. "In addition you may want to look into your current tax income tax withholdings if adjustments need to be made because of the change in your filing status," she said.

Here are some simple steps.

Notify the Social Security Administration
Report any name change to the Social Security Administration, so your name and Social Security Number will match when you file your next tax return. Informing the SSA of a name change is quite simple. File a Form SS-5, Application for a Social Security Card, at your local SSA office. The form is available on SSA's web site at www.socialsecuurity.gov, by calling 800-772-1213 or at local offices.

Notify the IRS
If you have a new address, you should notify the IRS by sending Form 8822, Change of Address. You may download Form 8822 from IRS.gov or order it by calling 800- TAX-FORM (800-829-3676).

Notify the U.S. Postal Service if and when you move, so it can forward any IRS correspondence.

Notify Your Employer of any name and address changes to your employer(s) to make sure you receive your Form W-2, Wage and Tax Statement, after the end of the year.

Check Your Withholding
If both you and your spouse work, as your combined income may place you in a higher tax bracket. You can use the IRS Withholding Calculator available on IRS.gov to assist you in determining the correct amount of withholding needed for your new filing status. The IRS Withholding Calculator will even provide you with a new Form W-4, Employee's Withholding Allowance Certificate that you can print out and give to your employer so they can withhold the correct amount from your pay.

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