Your filing status might change

Changing filing status from Married can have consequential tax implications

You may have to withdraw from a retirement account

Withdrawing from a retirement, like a 401(k), can result in significant tax implications when filing

You might be unable to claim some dependents

A dependent can only be claimed by one taxpayer

You might take on additional work to cover divorce expenses

Getting a second job, a gig economy “side hustle” or starting a new business can increase how much is owed in taxes

You may not be able to itemize deductions

If standard deductions are used, any mortgage interest, medical expenses and charitable contributions may be lost