Same-Sex Married Couples Recognized On Federal Tax Returns

more+
less-

Same-sex married couples may now check the “married” box on their federal tax returns even if their own states do not recognize their unions.

Some of those couples will find themselves paying less than before, while others will pay more, according to an article in the New York Times.

The IRS has set down rules that will either save or cost such couples money. It all depends on how much they earn, whether both parties are working and whether, together, they earn too much to claim the same types of tax-saving deductions they claimed while they were filing as singles. Many of these deductions end as incomes rise.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Crider Law PC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×