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Hang out over on r/marriage. Every day there is a post with major relationship problems stemming from exactly this arrangement.

Edit to add: this gets extremely difficult when a couple has children and one partner becomes a primary care giver and it affects income.

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My point is that I don’t believe I am, and this LPT is not correct.

Consult a tax professional

You have to play through it before you can withdraw it.

And I usually find much better lines, so I'd end up around $500.

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👍🏿

>Paying more than you owe

You do know he asked how to avoid paying the tax not how to minimize the tax he pays

I wonder if there is an income differential (ie: one spouse makes more than the other) then there might be a tendency to evaluate each person's contribution separately - the "I bring more to our finances than you do." I guess whatever works. Like you, we have always lumped everything together into a single account. It seems a strange concept to me to do otherwise.

Pass it?

Definitely not going to listen to that voice in my head

If you getting paid for it you a pro on some level

Same. We are going on 12 years and it works great.

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How is this the wrong way to take it? Setting aside money to take care of yourself wether it be a new video game or whatever it is you need to buy, it’s still taking care of yourself.

My ex earned below minimum wage, I got sick of paying for everything and stopped having joint savings account.

Can’t you just take the $500 and bet $10 and withdraw? You free $500 lost some value down to $414.

I'm a student so we're single income and we just kind of agree to be responsible with money so far. If it comes to a serious disagreement we'll have to come up with a more official allowance system.

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We also have a huge discrepancy here, even bigger than yours. I probably net 3 times as much as she does. We budgeted accordingly. I put more than 5 times what she puts in the joint account, but we still have 50% ownership of the house on paper.

I still have more left for discretionary spending, but it's not that much. She still has way more discretionary money than she would have if we weren't a couple since her contribution to the joint account is fairly small.

We live a fairly frugal lifestyle so we're both comfortable with that.

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90 percent of income for bills. Sheesh y’all broke bois

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That's fine, but how often do you buy things that you want that you partner would find frivolous? If you do, has it ever created an argument? This is simply a way to avoid that. By contributing a high amount like I suggested, it is still a situation where there is mostly one account. Just a little fun money to avoid the arguments.