Potpourri of Tax Topics

/Potpourri of Tax Topics

Revisiting a History of Marriage in the Tax Code, Part 8

By | October 12th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

in 1948, Congress created filing statuses. The original filing statuses in 1948 were: Single; Married Filing Jointly; and Married Filing Separately.

Revisiting a History of Marriage in the Tax Code, Part 7

By | October 10th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

After Poe v. Seaborn, proposals to equalize the tax treatment of married couples were floated in 1933, 1934, 1937 and 1941, but none of the proposals were adopted.

Revisiting a History of Marriage in the Tax Code, Part 6

By | September 28th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

Now let’s look at what the IRS and the courts had to say about the issue of filing separate tax returns and community property law in the 1920s.

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Revisiting a History of Marriage in the Tax Code, Part 5

By | September 20th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

Community property laws factored heavily into the creation of filing statuses in the U.S. Tax Code.

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Glossary: AGI

By | September 14th, 2017|Categories: Potpourri of Tax Topics|Tags: , |

AGI stands for "adjusted gross income." AGI is the bottom-line number on the front side of the federal Form 1040. It's a key number as a taxpayer's AGI determines eligibility for credits and various deductions elsewhere on the tax return.

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