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Once you are officially married in your state, you can change your filing status on your next tax return. Be sure to update your filing status on your W-4 so you set aside the right amount to pay your taxes. When you file your taxes, only consider your marital status on the last day of the tax year.
On Form 1040-X, enter your income, deductions, and credits from your return as originally filed or as previously adjusted by either you or the IRS, the changes you are making, and the corrected amounts. Then, figure the tax on the corrected amount of taxable income and the amount you owe or your refund.
Tax status in subsequent filings As soon as you get your divorce decree, you can file as ?divorced,? but nothing much will change. Nevertheless, you should notify the CRA about your change of status before filing a tax return. You can call it in, do it online, or mail in a marital status change form.
In general, property transfers between spouses as part of a divorce settlement are not taxable events. ing to the Internal Revenue Service (IRS), the transfer of property between spouses or former spouses incident to a divorce is not subject to income tax, gift tax, or capital gains tax.
Tax Withholding If you legally divorce or separate, you usually need to adjust the amount of tax withheld from your paycheck. To figure your tax withholding, use the Tax Withholding Estimator. Then use your estimate to complete and give your employer a new Form W-4.