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.



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

SpendingHow To Build Creditbuying a car401(k) Contributionszero rate transfer dealsdebt freehealthy aging reduce interest ratecut monthly cable billemployer offered life insurance2015 financial roadmapno life insurance financially irresponsibleFinancialitemized deductionFICO ScorePersonal Financeidentity theftGiftFinancial Adviceno tax on withdrawlsstandard ratedoctors in networkCollege of Veterinary MedicineBankruptcyplan10% donate to charityRetirement IncomeLong Term Care Insurance always use all paid time offpoint cost offset by savingsraise insurance deductible2016 adjust withholdingInvest for savings growthhome ownershipovercome financial fearsdo not pay allowance for good behaviorreduce monthly paymentfile taxes quicklypowerfulstandard deduction Amy Lacyetfinancial goal phraseUniversity of Illinoislife insurance name trust as beneficiaryyours, mine & ours2016 adjust estimated taxrolloverdental insurance push yourself to save more for retirementlife insurancesecured cardteach importance of helping othersLTCFICO at least 720dangerous retirement planincentives for health care wellness screeningterm life insurancesocial securityincrease emergency savingsWall StreetNew York LifeSelectQuote.comadjust allocations LTC shoppingclosing disclosurestudent loan repayment plancostly insurance mistakeSuze Orman Scholarshiproth iraholiday spendingStudent LoanRichreal estate marketMass MutualMotheropen enrollment review emergency fund savingshealthy retirement weightadd teen40% toward financial goalInfluentialscar loanInfluential Celebrity19 years cash flow problembig results CPI-WGoodbyePhyllis Shelton expert long-term careinterest on student loanscredit managementdon't derail retirement savingsmobile appLTCi ASAPdon't buy wantshousing marketFinancial Gift Cliffbill paying prioritiesgay marriage ban end Florida paid vacationspeak new goaldangerous money seasonCNBCSandy Hook Promisekeep a schedulecharges on credit cardbetter loan dealscomparison shoppinginterest capitalizationinsurance yearly reviewwives should be involved in retirementcalculate dependents annual income needsRetirement Savingsthree year car loan401Kspecial saving accountprotect dependent Civil Rightstraditional vs roth 401(k)lower mortgage interestunder 18 financial giftlower premiumreal estate mistakesdepreciating asset teach your child good money habitsknow before you owedo you need life insuranceignore 6 month grace period low down payment8 Ruleslower overall drug costbuying car 2016Suze Orman's Money WarsChanging Livessecure creditWarner Bros Television Groupbest loan deal Easy Life Insurance home loan credit score below 740 financing car Student Debt Crisishome insurancepaying for collegeunsubsidized Stafford loanBaby BoomersEric Dodge Suze Orman spouse Kathy Travishome buying mistakesvalentines daybecome member Auto Savings near historic lowstaxesage appropriate goalsHDHP'sget the most out of social security Moneyno private loanmortgage interest tax deductionsave loan no longer than 36monthsForbesdebtquick closinghigh deductible health care planprotect your familyschool no fee transfer2017 TaxespremiumThe Suze Orman Showinitial tax break Telepicturessocial security not going brokeverify retirement plan with HR or plan sponsorHDHP's are good for youchildren's bookrequired disclosuremonthly dental insurance premiumno interestbuy home you can affordCory Bookerborrowing plan Teachhome related tax break bonus summer job match income 8 month emergency fundearn allowanceAARP4 Must Have Documents Forbes Top 1020 year level term advice for college graduates3% debt transferred at worst still pay 75% benefitpay 100% cashwomen live longermonthly benefit HeartheartacheHolidaylong-term care would you decline a bonuscommunity collegeExhibitionswitch to roth 401(k)Staffords this year have a fixed 6.8% interest rateretirementphysical healthBankclosing costs 2% of loanFRAcredit unionexercise reguarlycollege graduatebad decisionsborrow each year, capitalization is going to pile up Young Adult Employer Matched Contributionbuy homeSuze OrmanStock InvestmentsFinancial Power of Attorneyautomatic paymentuniversal college accesspay interest while in schooldeath benefit needs for familyrequire chore in exchange for allowancelong term careFinancial Solutions For YouAmericans don't use all paid vacation timeFinal Goodbyeis it necessaryback-to-school budgetcar leasingterm insurancealternative FICO scoredeath benefit 20 to 25 times annual incomelearn good financial choicesmanage student loansbest interest ratesdental savings planonly offered while employed rising home pricesallowance taskbetter loan ratespay high rate off firstmax employer matched 401(k) contributionco-sign television hostfocus on new truth enjoy saving gift not loan20% down payment avoid feesmax benefit coveredpublic service loan forgiveness programdon't charge a pennyfraudulent returnpermanent life insuranceBeautyFinancial Awareness Video Festivalno splurge adult childrenhome buying budgetLifestyledon't use allowance as bribeproperty taxPrime Rate IncreaseMortgage Credit Availability Indexprovider of financial supportNew american Dream save moneyresponsible with moneybalance transfer successleave a legacyhealthy retirement blood pressuredon't ignore open enrollmentautomate student loan payments50 over 50Lovesocial security never insolventAARP Social security calculatororigination feestax ID theftDurable Power of Attorney for Health CareHDHP/HSAGifts20% down paymentiffy incomeRoth 401(k)emotional stakesHoliday Shoppinghighest possible benefitAdequate Auto and Home Insurancemortgage disclosure3 savings buckets studenttax refund fraudMost Influential Celebrities Listdon't do five year car loanbe good exampleshop online guaranteed level term policydoctor no longer in networkSchool of Social Workpay down car loancredit reportconfidentunexpected expenseteensno waiting periodFICO credit score credit card mortgagecnbc alarm clockOverspendingget over life insurance phobiaHDHP max employee matchhigh premiumsAccuQuote.comFree Debt EliminatorFinancial Systemnot gender specific breakdown projected monthly housing costloved ones dependent on incomedon't extend mortgage Credit Card Interest Ratetake action20% equityconfident of solutionConventional loan PMIcouple financesidentity fraudpay down student loan debtdental discount planWashingtonoverspend on giftsshort term goal 15-year refinance dealjuggle multiple financial goalsCOLAavoid burn outinsurance mistakeprotect loved ones lowest cost fund optionhigh FICO scoreraise deductiblesannual cost of living adjustmentsocial worksame-sex marriageapproved medical 100% tax-freechildren under 18percentage men widowed 75-84Revocable Living Trustcontribution consider roth 401(k)closing feesHDHP's are not badwrite new goalcommunity bankStudent Debt!00% tuition paidultimate compounding giftSave Us Moneyhigher insurance deductiblemarriage financial responsibilitylong-term care premiumsdon't defer interest paymentsSuze approvedloan is giftlow credit scoresetup automatic savings withdrawBill and Pennyloan necessitydear suzelet them have 50% controlrent vs buyanticipated salaryIRA contribution gifted moneyfinancial independencefull retirement ageUniversity of Floridamental health8 month safety netprotect and provide for minor child pay more than minimumdon't spend graduationgrandchild summer job IRA contributionFinancial Educatorpositivemortgagestudent loan repaymentMarlo Thomastitle insurancevalue moneyFundsCommencementpercentage of women widowed 75-84federal student loan deferment financial concernbe kind to yourselfverify wellness screening and programsmultiple lendersloan big picture compare monthly expensesSandy Hook Elementary Schoolmoney vows2015 record year car salesbudgetUS Tax Codepay credit debt ASAPno retirement funds for down paymentallowanceritual scheduleretirment savingsFederal Funds Rategift grandchild IRA contributionget health insurancenew cargift up to 14,000one credit cardSuze is my biggest mentorForeclosureage appropriate chorePrime Rate Rise 2015Holiday SeasonSuze changed my lifePost-DivorceMoney MarketJose RodriguezPay Off Debt Before Retirementdream schoolhome budget after tax costsavings pleasureno sneaking in feesdebit cardcontribute household expenses credit cardno negativityFinancial Awarenessretirement planemployer funding HSA3 step financial road mapdon't cover cosmetic dentistryderailed planswitch to spouse coveragestay positivekid borrow firstincrease retirement savingsget credit cardsidelinedwomen long term carerepay student loansPBS SpecialFinancial Cliffbuy down 3 bucket approachbad retirement planningEmergency SavingsGay Rightspublic service career student loan repayment focus on needscreate new truthcar buying mistakesfinancial fearsLong Term Care shoppinglive below your meansemergency fund lower rateautomatic withdraw to savings is it kind?president Obamamortgage brokernegotiate points with bank or sellerstretch out haircut appointmentspreexisting condition not coveredmarriage inequalityno late fee responsiblestore credit cardsface your financial fearnot enough life insurancestudent loan repayment estimatorreferrals insurancemake saving a pleasurecut monthly cellular billjanuary billsGrace6 month waiting periodpaid in fulllousy investmentVeterinary Schoolback door Roth IRACommunication Skills can you afford itwomen outlive menCredit scorecollege studentFiscal ResponsibilityLong Term Care premiumspay off debtgrandparent IRA contribution Money-Savingfinancial argumentsbetter termssmall changes NewtownCredit Card Rate Increasedon't blow tax refundletter to suzeone annual feesame sex marriage band end Floridateens and moneybe true to yourselfrefinanceoverspend on dining outwomen longer life spanmaintain standard of livingCiti Simplicity Card meet monthly InterestHSA tax savingsSatisfyingcost of capitalization calculator10 year repayment plan family save at least $100 monthlyoverspend on nights outmoney-aware childOne Wallet At A Timelow-cost index mutual fundis it necessary?worst financial mistakeUrbana-Champaignreplace permanent life insurance with termlong term goalAlarm Clockrefundfour steps to retirement savings reduce withholdingfile asapretain separate credit cardsprescription tierAshley Springerretirement accountsETF'sescrowpurely financial standpointGay Couplesstudent loan debtincrease retirement contribution ratewaive home inspection bidis it true? savingskids schedule paymentscommitFHA loan feesonly refinance if it pays

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