Surely $600K as a couple income is even on the top endz even in tech. So, for most normal couples like where one earns $300K and the other $100K, filing as a married couple is better, no?
Or am I misunderstanding something
Or am I misunderstanding something
In addition to the brackets, there's tons of other deductions, exemptions, etc that are higher or double for married-filing-jointly tax returns.
Just one example is the capital gains on selling your home: if you're filing singly you get an exemption on the first $250k of capital gains, but if you're married and filing jointly that exemption is on the first $500k of gains.