Anybody change ur W4 status to married and then get screwed with owing taxes?

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Get divorced?

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If you both work, gotta do "Married, withhold at single rate." Or actually learn to estimate your tax liability and dial in the specific amount. Even if you know nothing about taxes, 4-8 hrs investment can give you a solid model which also allows you to call he implication of buying a house or having a kid.

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Yup.

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It's called the marriage penalty. The tax code penalizes couples that both work and earn high salaries. Calculated our penalty to be $3K/year

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Well we got married this year and both changed our W4s to married. Somebody told me that when he and his wife did that filed together, they owed a ton of money at the end of the year. This happen to anyone else?

So our paycheck went up about 200 each....so now we're gonna owe a ton???

Just Google around. There's a marriage penalty calculator you can use. Depends how close your two salaries are, and how much you earn. The closer and the higher the salaries, the larger the penalty. Lower and further apart --> might actually see a reduction in taxes.

I make about 90, she makes 97....not sure if that's deemed high income....there's also bonuses.

Use the IRS withholding calculator to get a preview and fix your settings for next year.

I claim single status and then file joint

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