Same Sex Returns vs Marriage Penalty - Page 5

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    Topic
  • #183304
    san4596
    Member

    Anyone notice that the year Obama pushes the federal gov’t to recognize same sex marriage by filing MFJ/MFS returns for those married in a state within the US is when marriage penalties hit due to Obamacare? Specifically, the additional Medicare tax of 0.9% on MFJ income above $250K, whereas the 0.9% additional tax for a single filer applies to income above $200K.

    CPA EXAM: DONE!!!!
    Ethics Course: Passed
    Application Mailed: 3/16/15
    Professional Conduct Exam: 97
    Certification Date: 4/2/15!!!

Viewing 15 replies - 61 through 75 (of 90 total)
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  • #507482
    tough_kitty
    Member

    Well, I think at this point it's pretty obvious to most of us – Study Monk doesn't TRULY love his girlfriend…..

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507429
    tough_kitty
    Member

    Well, I think at this point it's pretty obvious to most of us – Study Monk doesn't TRULY love his girlfriend…..

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507484
    tough_kitty
    Member

    teeteenounouche: His comments are shocking, period.

    PS. See my post above – explains everything! πŸ˜›

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507431
    tough_kitty
    Member

    teeteenounouche: His comments are shocking, period.

    PS. See my post above – explains everything! πŸ˜›

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507486
    tough_kitty
    Member

    “By the way I am a great cook πŸ™‚ ” – well, with the exception of this comment…. So, Study Monk, what are you saying…??? πŸ˜‰

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507433
    tough_kitty
    Member

    “By the way I am a great cook πŸ™‚ ” – well, with the exception of this comment…. So, Study Monk, what are you saying…??? πŸ˜‰

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

    #507488
    san4596
    Member

    Monk – I did not marry for religous reasons, and do not even attend church. My life and my beliefs. Going your route, you better make sure common law does not apply in your case. In Texas, those who live with each other more than 6 months can be seen as common law marriage, and is recognized by the federal gov't. That would be a can of worms I would not want to deal with. You are correct that people change over 10 years, but so do you! 10 years from now you are still in love with your girlfriend, but she leaves because you have changed? Damn that would suck!

    My wife is not only the love of my life, but she is my best friend as well. Sometimes a marriage can be a little rough, but the good times make life worth it.

    CPA EXAM: DONE!!!!
    Ethics Course: Passed
    Application Mailed: 3/16/15
    Professional Conduct Exam: 97
    Certification Date: 4/2/15!!!

    #507435
    san4596
    Member

    Monk – I did not marry for religous reasons, and do not even attend church. My life and my beliefs. Going your route, you better make sure common law does not apply in your case. In Texas, those who live with each other more than 6 months can be seen as common law marriage, and is recognized by the federal gov't. That would be a can of worms I would not want to deal with. You are correct that people change over 10 years, but so do you! 10 years from now you are still in love with your girlfriend, but she leaves because you have changed? Damn that would suck!

    My wife is not only the love of my life, but she is my best friend as well. Sometimes a marriage can be a little rough, but the good times make life worth it.

    CPA EXAM: DONE!!!!
    Ethics Course: Passed
    Application Mailed: 3/16/15
    Professional Conduct Exam: 97
    Certification Date: 4/2/15!!!

    #507490
    mla1169
    Participant

    I truly respect people's objections to marriage for whatever reason and don't think it indicates a lack of love or commitment. But I wouldn't go so far as to claim that the only reason to marry is religious beliefs.

    People change big time. I married my HS sweetheart in 1989. We divorced in 2003. Long story short I married the SAME guy in 2011. πŸ™‚ He changed a couple of times, as did I!

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #507437
    mla1169
    Participant

    I truly respect people's objections to marriage for whatever reason and don't think it indicates a lack of love or commitment. But I wouldn't go so far as to claim that the only reason to marry is religious beliefs.

    People change big time. I married my HS sweetheart in 1989. We divorced in 2003. Long story short I married the SAME guy in 2011. πŸ™‚ He changed a couple of times, as did I!

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #507492
    Nuffsaid
    Member

    Honestly, it doesn't bother me. DI households shouldn't get a tax break up to $400k! That's ridiculous. In many ways, it's much easier being married and sharing finances, especially if both work. At the level of income (250k), either both people are working or one is making bank.

    Single people often get the shaft–after paying more for burden of housing, utilities, etc.–seems like married folks have at least the option to have two incomes, so why not tax them the higher rate starting a bit lower.

    #507439
    Nuffsaid
    Member

    Honestly, it doesn't bother me. DI households shouldn't get a tax break up to $400k! That's ridiculous. In many ways, it's much easier being married and sharing finances, especially if both work. At the level of income (250k), either both people are working or one is making bank.

    Single people often get the shaft–after paying more for burden of housing, utilities, etc.–seems like married folks have at least the option to have two incomes, so why not tax them the higher rate starting a bit lower.

    #507494
    Study Monk
    Member

    At the risk of ruining my reputation I will go further…Marriage is just a word to represent committed for life. A ring is its symbol. A person can make those same commitments in the words they say each day and by showing love and affection and their lives will be just as fulfilled as a couple that is married. The only exception is the ceremony and the ring. I personally don't like wearing jewelry:p I would also personally prefer to spend 20k on a kick ass vacation instead of a big ceremony, and lets be honest after the wedding day you guys will be living the same life as my girlfriend and I. Wake up together, go to sleep together, fight, love, and eat.

    Historically marriage has not always been about love, and even today many marriages are arranged. Its unarguable that more pain has been caused in the name of marriage than two people living each other because they choose to each day. Many marriages where people were very happy with each other have ended in divorce. Logically I know that divorce is painful for all parties involved(exception being lawyers), so logically I would not want to put my significant other through that process. While many married people have happy “oh my wife moments” they also have “but your my fuc*in wife” moments as well.

    To go further I believe that in most cases love is better demonstrated when two people can stay together when less obstacles exist to keep people from leaving the relationship. Divorce and devision of assets is a huge deterrent for some people ending relationships that are not working out. I show my love to my girlfriend every day by coming home when legally I could go home with some other women with no legal/financial consequences. Moreover divorce tends to make things more bitter because lawyers are often involved. The best thing I can do for my future children is make sure that I can maximize the chances that my “girlfriend” and I can be in the same room for each other on the foreseeable future. One ugly divorce where she gets might cat is all it might take for me to never want to see her again kids or no kids.

    Don't get me wrong I to cry at weddings, just for different reasons πŸ™‚

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #507441
    Study Monk
    Member

    At the risk of ruining my reputation I will go further…Marriage is just a word to represent committed for life. A ring is its symbol. A person can make those same commitments in the words they say each day and by showing love and affection and their lives will be just as fulfilled as a couple that is married. The only exception is the ceremony and the ring. I personally don't like wearing jewelry:p I would also personally prefer to spend 20k on a kick ass vacation instead of a big ceremony, and lets be honest after the wedding day you guys will be living the same life as my girlfriend and I. Wake up together, go to sleep together, fight, love, and eat.

    Historically marriage has not always been about love, and even today many marriages are arranged. Its unarguable that more pain has been caused in the name of marriage than two people living each other because they choose to each day. Many marriages where people were very happy with each other have ended in divorce. Logically I know that divorce is painful for all parties involved(exception being lawyers), so logically I would not want to put my significant other through that process. While many married people have happy “oh my wife moments” they also have “but your my fuc*in wife” moments as well.

    To go further I believe that in most cases love is better demonstrated when two people can stay together when less obstacles exist to keep people from leaving the relationship. Divorce and devision of assets is a huge deterrent for some people ending relationships that are not working out. I show my love to my girlfriend every day by coming home when legally I could go home with some other women with no legal/financial consequences. Moreover divorce tends to make things more bitter because lawyers are often involved. The best thing I can do for my future children is make sure that I can maximize the chances that my “girlfriend” and I can be in the same room for each other on the foreseeable future. One ugly divorce where she gets might cat is all it might take for me to never want to see her again kids or no kids.

    Don't get me wrong I to cry at weddings, just for different reasons πŸ™‚

    I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

    "Do 5000 multiple choice questions for each section"

    #507443
    tough_kitty
    Member

    Well, Study Monk, you have good writing skills! Just gotta work a little bit on your grammar and you should be good to go for the BEC exam πŸ˜‰

    And I see what your biggest fear is – finances! It's easily fixable…

    1. You do NOT have to have a big wedding!!! In fact, I think they are overrated. I had a small wedding ceremony once and I would do it again. Just close family and friends, no more than 20 people total….Unless of course I meet a rich guy and he insists on paying for a huge wedding….I won't complain πŸ˜›

    2. You buy your house BEFORE you get married (like I did!) so it's considered personal property acquired when you were single! No problem with dividing assets in case of the divorce…and like san4596 mentioned, California might be a community property state (which I think it is, but I am not sure about all the details), so you might end up splitting with your girlfriend 20 years from now and STILL face the same issues……but usually what a gentleman does, he leaves everything to the wife and leaves with just a suitcase and his car…. πŸ˜› Besides, if you are smart, you don't need lawyers. I handled my divorce all by myself.

    3. You have a cat???? OK, I like you again πŸ˜›

    FAR: 81 (May 2013)
    BEC: 81 (July 2013)
    REG: 83 (August 2013)
    AUD: 82 (November 2013)
    California CPA since 1/30/14

Viewing 15 replies - 61 through 75 (of 90 total)
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