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Here are 5 tax breaks that can reduce wedding costs



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Recently engaged? Tying the knot can be stressful, especially if you’re worried about your wedding budget.

Planning a ceremony and reception can be pricey when you factor in everything from catering to the bride-to-be’s dress. On average, couples expect to pay $16,000 on their wedding, but ended up spending roughly $29,000 in 2018 because they often underestimated the cost of products and services, according to WeddingWire’s latest Newlywed Report.

But there’s good news: some wedding costs could be tax deductible. Donating your gown, leftover food or flowers after your big day could help offset some of your expenses after saying “I do.” Here are some of those things you can write off on your taxes: 

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Bride and groom decorations on two pieces of wedding cake

Gown

If you don’t plan on keeping your wedding dress, you can donate it along with bridesmaid dresses to non-profit organization like Brides for a Cause and Brides Against Breast Cancer. They accept used wedding gowns and even take accessories like veils and headpieces.

Tax filers should keep in mind that wedding deductions are considered charitable contributions, so you would need to list them as itemized deductions on your tax return instead of using the standard deduction. 



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Brett Gonzalez
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Content Writer At Healthcare Industry Reports

Brett loves to read and write about business and thus, has some of the best contents regarding business penciled down for a number of reputed portals. Brett has successfully completed 2 Years with the Healthcare Industry Reports portal. He plans to have a part-time course chosen for all the juniors to be educated in the field of writing. Brett shifted to writing almost immediately after the completion of a degree in Business Administration. He plans to share his skills through writing. Brett’s career choice seems to have been excellent as we are being blessed with some of the most informative articles on a constant basis.

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