Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

7 Stealth Taxes that Can Destroy Your Retirement

April 11, 2023 · Taxes
experts stealth
Image By fizkes From Shutterstock

Widow’s income tax penalty

The widower’s income tax is definitely the healthiest tax of them all, especially because people aren’t fully aware of it. Another reason might be that it’s a bit difficult to plan for it, and it might potentially increase tax liability year after year once it applies.

However, the income tax law doesn’t show kindness to surviving spouses who don’t want to remarry. A widow or widower who might have the same or less income could become the subject of a higher federal income tax liability.

This could result from the transition from married individuals filing at joint tax rates to single tax rates, plus a standard deduction of 50% of $25,100 (which is the amount filed by married individuals), which will start in the year that follows the year of the spouse’s death.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • Social Security Alert: Up to $5,181 Hitting Accounts This Week
  • A senior couple reviews their household budget on a laptop in a bright, modern kitchen. Social Security's 2027 COLA Could Be the Smallest in Years
  • A person showing a digital discount coupon on their phone to a pharmacist at a bright, modern pharmacy counter. TrumpRx Is Here - But Will It Actually Lower Your Drug Costs?
  • A happy couple shopping with a full cart at a warehouse club in 2026. Top 10 Sam's Club Deals You Can't Ignore in 2026
  • A couple shopping for high-end deals at a modern warehouse store. 12 Costco Deals Shoppers Are Jumping on for 2026
  • A high-end desk setup with a Social Security card and a gold pen, representing presidential financial benefits. Is Trump on Social Security? A Look at Presidential Benefits
  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

check, tax your social security

You’re Free! These 5 States Won’t Tax Your Social Security

5. Florida The Sunshine State has been one of the top spots for retirees over…

Read More →
experts, reduce, change, taxes, home, income

Want to Reduce Your Taxes? Here Are 7 (Necessary) Tips 

5. Check if you’re eligible for an Earned Income Tax Credit There are people who…

Read More →
Stimulus Check

These 18 States Are Sending Out Stimulus Checks Now!

5. Florida – $450 Payments The Department of Children and Families in Florida created a…

Read More →
tax tricks

8 Tax Tricks Rich People Use—and They Work!

Professionals brainstorm financial plans over coffee and pastries, unlocking the tax-saving secrets that help the…

Read More →
tax deduction

Small Business Owners Can Get These 20 Tax Deductions Now

Would you like to have your tax bill reduced? A tax deduction, also known as…

Read More →
retirees

Moving Abroad? These 9 Countries Don’t Tax Retirees at All!

5. Greece The Mediterranean nation of Greece is packed with culture, history, and, obviously, sunshine.…

Read More →
taxes

10 Unbelievable Things Your Taxes Are Paying For

5. NASA’s Study on How Wine Is Impacted by Global Warming An $88,000 study conducted…

Read More →
free tax assistance avoid

Frugal Tax Solutions: 5 Ways to File Your Taxes for Free

Every year, there is the tax season when everyone needs to file their taxes. It’s…

Read More →
A person reviewing tax documents on a laptop in a bright, modern home office.

Tax Season Warning: How IRS Budget Cuts May Affect Your Refund

The 2026 tax season faces new challenges from IRS budget cuts. Discover how funding changes…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.