For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...

Many surviving spouses face a sudden, steep tax increase known as the "widow's penalty." Learn how it works and what steps ...

It's of course very difficult to lose your spouse — and some survivors may also have to deal with the shock of higher taxes after their wife or husband dies. That's because after a partner's death, ...

With another tax filing season around the corner, I reached out to Senator Tammy Baldwin and asked her the following question: Why are widows and widowers penalized by the federal tax code?

Your yearly tax filing journey begins with one question: Are you Single, Married filing jointly, Married filing separately, Head of Household or a Qualifying Surviving Spouse? Your answer can cost you ...

A married couple, both 73, holds a traditional 401(k) that has grown to $1.5 million. They collect Social Security. Their tax ...

Forbes contributors publish independent expert analyses and insights. Global tax strategy and legacy design for families and founders. When a person dies in the US or as a US citizen, anywhere, an ...

It's of course very difficult to lose your spouse — and some survivors may also have to deal with the shock of higher taxes after their wife or husband dies. Stream Los Angeles News for free, 24/7, ...

It's of course very difficult to lose your spouse — and some survivors may also have to deal with the shock of higher taxes after their wife or husband dies. Stream NBC 5 for free, 24/7, wherever you ...