Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

Same-Sex Married Couples To Get Federal Tax Recognition Regardless Of State

August 29, 2013 at 10:04 PM

WASHINGTON -- The U.S. Department of the Treasury announced Thursday that when it comes to taxes, it will recognize same-sex couples' marriages even if they live in a state that does not.

The decision, which was prompted by the U.S. Supreme Court’s ruling to overturn the Defense of Marriage Act, marks the latest political progress for the lesbian, gay, bisexual and transgender community.

Prior to this spring, the Internal Revenue Service did not recognize same-sex married couples pursuant to section 3 of DOMA. Once DOMA was overturned in June, the question became: What about same-sex married couples who moved to a state that didn’t recognize their marriage (a couple married in Massachusetts who moved to Arkansas, for example)?

Thursday’s ruling by Treasury Secretary Jacob Lew provides a uniform policy for the IRS; the state of celebration -- where the wedding took place -- now trumps the state of residency when it comes to federal tax status for same-sex married couples.

 

READ FULL ARTICLE

Suze Orman, Edie Windsor and Kathy Travis celebrate in New York City at The Center event!

Suze Orman, Edie Windsor and Kathy Travis celebrate in New York City at The Center event!

Tag Cloud

Post-Divorcelet them have 50% controlFinal Goodbyestrained relationshiptitle insuranceFederal PLUS loancharges on credit cardMoneyPersonal Financedangerous retirement planRichhome related tax break bonus Long Term Care premiumsback-to-school budgetAshley SpringerworkaholicStudent DebtWarner Bros Television GroupSuze changed my lifeis it necessary?loan is giftFRACredit Card Interest Rateprescription tier2015 financial roadmapno tax on withdrawlsearn more on savingsOverspendingsocial securityultimate compounding giftstudent loan repayment planbudgetsame sex marriage band end FloridaExhibitionsocial workrequired disclosurepublic service career student loan repayment women live longerzero rate transfer dealsFinancial Power of Attorneymax employer matched 401(k) contributionMust Have Documentsonly offered while employed real estate mistakesPay Off Debt Before Retirementuniversal college accessreal estate marketface your financial fearbe good examplefinancial aidinsurance yearly reviewpay interest while in schoolpowerfulidentity fraudshorter payback periodwrite new goalclosing costs 2% of loanescrowBankruptcymaintain standard of livingphysical healthno interestWall StreetEasy Life Insurance Suze approvedcan you afford itretain separate credit cardsno life insurance financially irresponsibleInfluential Celebrityschool women long term caredon't blow tax refundfamily save at least $100 monthlyoverspend on giftsrequire chore in exchange for allowanceBeautypay down car loanemployer offered life insuranceteach importance of helping othersstudentcommunity collegeoverspend on dining outRevocable Living Trustincrease retirement savingsstretch out haircut appointmentsloan necessityfraudulent returncommissionssave moneyloved ones dependent on incomeis it necessarywives should be involved in retirementNew american Dream no late fee children's booknegotiate points with bank or sellerbest loan deal bad decisionsSandy Hook PromiseFiscal Responsibilityretirementmonthly dental insurance premiumplanengaged in financesLTCi ASAPcar leasinglong term goalstaycationno private loans2015 record year car sales2016 adjust withholdinghome buying budgetretirement accountsMoney Marketallowancewomen outlive menLTC shoppingalternative FICO scorepreexisting condition not coveredclosing feesrepay student loansHDHP'sFundsnear historic lowsprovider of financial supportLong Term Care Insurance percentage of women widowed 75-84home buying mistakesSpendingCiti Simplicity Card not enough life insurancepositivesavingsknow before you owepay down student loan debtlife insurancemeet monthly dental discount plan8 month safety netlower interest ratecost of capitalization calculatorInflation Benefitbalance transfer Money-SavingMass Mutualraise insurance deductibleFICO ScoreEric Dodge annual cost of living adjustmenthigh down paymentchildren under 18television hostFICO credit score credit card mortgageincrease emergency savingskids schedule paymentssocial security never insolventmax employee matchCNBCVeterinary Schoolfederal student loan deferment Prime Rate Rise 2015eight month living expense 3 savings buckets student loan repayment estimatorPrime Rate IncreaseBill and Pennythree year car loanCredit Card Rate Increasedangerous money seasonlowest cost fund optionLong Term Care shoppingdon't use allowance as bribepay credit debt ASAPvalentines daybuying car 2016tax refund fraudpublic service loan forgiveness programno apologyemergency fund FICO at least 720long-term care premiumsbill paying prioritiespremiumrising home pricesInterestinsurance mistakeAmericans don't use all paid vacation timeCredit scorebuy home you can affordignore 6 month grace period Gay Rightstaxesonly refinance if it paysno private loanHDHP high premiumsCivil RightsGracefinancial arguments2016 adjust estimated taxenjoy saving at worst still pay 75% benefitis it kind?Urbana-Champaign3 step financial road maphealthy retirement weighthome buying seasonSuze Orman ScholarshipLifestylepush yourself to save more for retirementautomatic paymenthigh FICO scorebetter loan ratescommunity bankreplace permanent life insurance with termGiftlousy investmentmortgage disclosurebest interest ratesfinancial goal phrasehealthy youinitial tax break consider roth 401(k)HDHP/HSAlower ratehigh deductible health care plancommitcostly legal raising mortgage rates Telepicturesunexpected expenseinterest capitalizationCD's10% donate to charitystandard deduction store credit cardsbetter termsbest interest of investorFinancial Cliffhigher insurance deductiblelow credit scoreWilltake actionexercise reguarlyco-sign cut monthly cable billCommunication Skills high credit score discountUS Tax Codepaying for collegedon't charge a pennyTeachcredit reportcredit utilization rateFinancial Educatoralways use all paid time offspeak new goalsuccessPhyllis Shelton expert long-term careAARPpay high rate off firstForbes Top 10gay marriage ban end Florida Satisfyingmortgage interest tax deductionHSA tax savingsno splurge purely financial standpointdon't extend mortgage AARP Social security calculatorsocial security not going brokereduce withholdingConventional loan PMImoney-aware childInvest for savings growth2017 TaxesEmergency Savingsbe true to yourselfmarriage inequalitylive below your means20 to 25 times annual incomegift grandchild IRA contribution6 month waiting periodno waiting periodwaive home inspection bidmortgageSuze is my biggest mentorfour steps to retirement savings overspend on nights outgift up to 14,000protect and provide for minor child non conventional routequick closingMinor Children no sneaking in feesresponsible with moneyFinancial Awarenessnew carsuitableroth iracompare monthly expensesbuying a caradjust allocations Student Loanrent vs buylow-cost index mutual fundcollege graduateno retirement funds for down paymentpay off debtIRA contribution gifted moneyAuto Savings financial fears15-year refinance dealThe Suze Orman Showleave a legacy8 month emergency fundsummer job match income money vowsget over life insurance phobiafocus on needsCollege of Veterinary Medicineone annual feedo not pay allowance for good behaviordepreciating asset verify wellness screening and programsSuze OrmanNewtownHoliday SeasonStaffords this year have a fixed 6.8% interest rateaffordabilitylife insurance name trust as beneficiaryovercome financial fearssecured cardgraduationlow down paymentSave Us Moneysame-sex marriagederailed plan4 Must Have Documents ETF'sdon't defer interest paymentsiffy incomedoctor no longer in networkmake saving a pleasureGoodbyedeath benefit needs for familyRevocable TrustSelectQuote.comlong-term care become member shop online guaranteed level term policyunsubsidized Stafford loanrefinanceHigh Credit Score19 years cash flow problemdebt free30 year mortgage raise your deductibleFree Debt Eliminatorno negativity10 year repayment plan Motherhigher monthly paymentletter to suzemultiple lenderscredit managementpaid vacationtax ID theftpeace of mindterm insurance20% equityHeartautomate student loan paymentsmobile appDeath Benefitcomparison shoppingcouple financesRetirement Incomeholiday spendingbuy homeForbesincreased auto insurance premiumlower premiumsavings pleasureinterest on student loanslearn good financial choicesCombo Insurance Productsis it true? calculate dependents annual income needsloan big picture pay 100% cashhome budget after tax costspecial saving accountUniversity of Illinoisage appropriate choreyours, mine & oursincrease retirement contribution ratepaid in fullhousing marketfocus on new truth Swap Older Annuities or Life Insurance 401(k) Contributionsteens and moneydeath benefit 20 to 25 times annual incomePBS SpecialRoth 401(k)don't spend teach your child good money habitsHigh FICO Score = Better RateWashingtonrolloverdon't cover cosmetic dentistryhealthy retirement blood pressurerefundcollege studentage appropriate goalsForeclosuresmall changes Jose Rodriguez8 Rulesburn outprotect your familybuy down reduce monthly paymentshort term goal cut monthly cellular bill20 year level term Suze Orman's Money WarsAccuQuote.comdream schoolmax benefit coveredAlarm Clockhealthy teethallowance taskhighest possible benefitFinancial AdviceSuze Orman spouse Kathy Travispermanent life insuranceAmy LacyetFederal Reserve50 over 50percentage men widowed 75-84Marlo Thomaskeep a schedulefinancial concernLTClow mileage discountsidelinedcredit cardFinancial Gift Cliffsave be kind to yourselfcredit unionorigination fees20% down payment avoid fees401Kswitch to spouse coveragestudent loan debtget the most out of social security grandchild summer job IRA contributionCOLAAdequate Auto and Home Insuranceconfident of solutiondear suzedo you need life insuranceDurable Power of Attorney for Health Caredebit cardcompare provider pricingcontribution don't do five year car loanautomatic withdraw to savings manage student loanshome ownershipsetup automatic savings withdrawlower overall drug costLoveRetirement Savingsstudent loan repaymentVital Documentsaccelerate dental workborrow each year, capitalization is going to pile up HDHP's are not badhome insuranceswitch to roth 401(k)retirment savingsSelfishprofessional advisorwould you decline a bonusraise deductiblesOne Wallet At A Timeget health insurancespring summer !00% tuition paidcontribute household expenses incentives for health care wellness screeningjanuary billsfile asapemergency fund savingspay more than minimumget credit cardFixed Rate Mortgagecnbc alarm clockinsurancelower mortgage interestARMFinancial Solutions For Youdebtclosing disclosureARM Cautiondon't derail retirement savingsno fee transferfiduciarydental savings plandon't buy wantsCory BookerSchool of Social Workeliminate credit card debtCPI-Wapproved medical 100% tax-freeemployer funding HSAMost Influential Celebrities List3% debt transferred point cost offset by savingsreferrals dental insurance secure creditGiftsbig results emotional stakesnot gender specific stay positivewomen longer life spanadd teenHDHP's are good for youHoliday ShoppingFinancial SystemFederal Stafford loanBaby Boomerscostly insurance mistakeSandy Hook Elementary Schooltraditional vs roth 401(k)Legal Guardiancar loanjuggle multiple financial goals20% down paymentterm life insurancevalue moneyfinancing car gift not loanMortgage Credit Availability Indexmonthly benefit identity theftreduce interest rateaffordable premiumbetter loan dealsone credit cardYoung Adult Employer Matched Contributionraising interest ratesloan no longer than 36monthsbreakdown projected monthly housing costgrandparent IRA contribution BankheartacheCommencementFinancial Awareness Video Festivalmortgage brokermental healthconfidentpresident ObamaChanging Livesearn allowanceadvice for college graduates740 credit scoreanticipated salarykid borrow firstGay CouplesFinancialmarriage financial responsibilitystandard rateNew York Liferesponsibleprotect dependent property taxcreate new truthschedule vacationfull retirement ageverify retirement plan with HR or plan sponsoradult childrenInfluentialsFederal Funds Ratehealthy gumsunder 18 financial giftHolidayhealthy aging 15 year mortgageteens40% toward financial goalUniversity of Floridaworst financial mistakeopen enrollment review long term careback door Roth IRAfile taxes quicklycar buying mistakesretirement planprotect loved ones itemized deductionStock Investmentshome loan credit score below 740 financial independencetoo expensive schoolFHA loan feesdoctors in networkritual scheduleStudent Debt Crisisavoid burn outborrowing plan bad retirement planningHow To Build Credit3 bucket approachdon't ignore open enrollment


View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel