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  #21  
Old 11-29-2007, 03:17 PM
Henry17 Henry17 is offline
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Default Re: Getting Married for Tax Breaks

Marriage creates a whole bunch of legal obligations that will end up costing you a lot more. I think this plan is not well thought out.
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  #22  
Old 11-29-2007, 03:17 PM
Jimbo Jimbo is offline
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Default Re: Getting Married for Tax Breaks

In the USA barring any mental illness you are emancipated at age 18. Now the dependent part of the OP's post is just his parents ability to use him as a tax deduction on their taxes until he turns age 24, has income exceeding their support or leaves school, whichever occurs within a given tax year.

Without knowing the OP's specific circumstances it is pretty likely that he will discover being "cutoff" from Mommy and Daddy will not be as pleasant long term as he believes. Neither will be married for that matter. [img]/images/graemlins/smile.gif[/img]


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