Just got married - combined health benefits?
Hi,
I got married two weeks ago. Now we are trying to figure out if it is worthwhile to declare each other as dependent (spouse) for extension of coverage of our health benefit to each other. By doing that, our monthly contributions will also increase. I work for the federal government and she works for the Vancouver School Board. My health benefit is only average. My wife's health benefit package is superior.
Also, I make around $70000 and she makes $47000. Why would we pay less tax if we file our tax jointly?
Thanks.
I got married two weeks ago. Now we are trying to figure out if it is worthwhile to declare each other as dependent (spouse) for extension of coverage of our health benefit to each other. By doing that, our monthly contributions will also increase. I work for the federal government and she works for the Vancouver School Board. My health benefit is only average. My wife's health benefit package is superior.
Also, I make around $70000 and she makes $47000. Why would we pay less tax if we file our tax jointly?
Thanks.