Tag: ‘same-sex couples’

Utah Lets Same-Sex Couples File Joint Tax Returns

By :: January 17th, 2014

The Utah State Tax Commission yesterday reversed Governor Gary Herbert (R), ruling that same-sex couples may file their 2013 state tax returns as married, as long as they wed before the end of last year. The ruling also applies to couples who married in other jurisdictions. As I discussed in my last TaxVox post, the […]

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Tax Complications for Same-Sex Couples in Utah (and Elsewhere)

By :: January 15th, 2014

The battle over same-sex marriage in Utah not only raises important questions about marriage law; it also further complicates income tax filing for gay couples who tied the knot during the few weeks when those nuptials were deemed legal. The problem: While federal courts hash out the legality of Utah’s same-sex marriages, gay couples who […]

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A Closing Window for Some Same-Sex Couples to File 2012 Tax Returns

By :: September 5th, 2013

Last week’s IRS ruling on same-sex marriages received a lot of attention. Going forward, a same-sex married couple must file federal income tax returns as married, regardless of whether the state where they live recognizes their marriage. In addition, same-sex couples may—but don’t have to—file amended returns for some earlier years to recoup any extra […]

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IRS Recognizes Same-Sex Marriages, Regardless of Where Couples Live

By :: August 30th, 2013

Just two weeks ago, I discussed potential tax issues a same-sex married couple could face if they live in a state that doesn’t recognize their marriage. Yesterday the IRS ruled that, for tax purposes, such couples are married regardless of where they live. That ruling answers the question of what filing status the couple must […]

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Same-Sex Couples after DOMA

By :: August 15th, 2013

It’s been less than two months since the Supreme Court ruled part of the Defense of Marriage Act (DOMA) unconstitutional and the fallout has only begun to settle. Nowhere is there more uncertainty about the effects of the ruling than regarding federal taxes. The court struck down Section 3 of DOMA, which denied federal recognition […]

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DOMA’s Tax Hassles for Same-Sex Couples

By :: March 26th, 2013

The annual income tax season is no fun for any of us but it can be a lot worse for same-sex couples in California, Nevada, and Washington. Those three states follow community property law and recognize either same-sex marriages or domestic partnerships. The combination makes tax filing an even bigger hassle than the rest of us […]

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Same-Sex Couples and Taxes

By :: March 25th, 2013

The 1996 Defense of Marriage Act (DOMA) was not primarily a tax law but it certainly affects the federal taxes that same-sex couples pay. In fact, taxes are the basis for the second of the two cases concerning same-sex marriage that the Supreme Court will hear this week. Although the federal government generally recognizes state […]

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A New Marriage Penalty for High Earning Couples—and a Bonus for Some

By :: February 15th, 2013

Our new Marriage Bonus and Penalty calculator, despite all its Valentine’s Day finery, ignores the new 0.9 percent Medicare payroll tax hike buried in the 2010 health law. The extra levy affects only a few high-income couples but in very different ways. Lucky couples will collect marriage bonuses of up to $450. But those less […]

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An Updated Marriage Bonus and Penalty Calculator for Valentine’s Day

By :: February 13th, 2013

Love is blind, says the adage, and that can be a good thing when it comes to taxes. That’s because married couples often pay a marriage penalty—a higher federal income tax bill than they would if they were single. But for most couples, marriage means a lower tax bill—a marriage bonus in tax-speak. Just in […]

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TPC’s New Marriage Bonus and Penalty Calculator

By :: August 21st, 2012

The federal income tax is not neutral when it comes to marriage. Get married and you and your spouse may pay less to Uncle Sam. Or you may pay more. It all depends. Whether you get a marriage bonus—your combined tax bill goes down—or suffer a marriage penalty—you pay more as a couple—depends on various […]

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