Suze Orman, Financial Guru
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
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

2015 financial roadmapdebit card401Kretirment savings8 RulesUniversity of Illinoisfinancing car successFinancial Awarenessdon't do five year car loanMost Influential Celebrities ListSatisfyingCNBCSuze Orman ScholarshipGay Couplesdear suzeForbesMoney MarketPrime Rate IncreaseFinal GoodbyeGoodbyeGay Rightsgraduationstudent loan repayment estimatorAARPRetirement IncomeStudent DebtHolidayYoung Adult Exhibitionretirement accountsFiscal Responsibilitystudent loan debtcar loanPBS SpecialJose RodriguezNewtownPay Off Debt Before RetirementFundscommunity collegesame-sex marriageRich401(k) ContributionsMoneyFinancial Systemcredit reportPrime Rate Rise 2015Bankmobile appCommunication Skills three year car loanstudent loan repayment plansocial workWarner Bros Television GroupFederal Funds RateFinancial Awareness Video FestivalBaby Boomerscar buying mistakesSuze Orman's Money Warstelevision hostWall StreetPersonal FinanceHoliday Seasonroth iraCivil Rightsstudent loan repaymentbuying a carStudent LoanUrbana-Champaigncredit cardAshley SpringerFinancial EducatorRetirement Savingsschool FICO ScoreVeterinary SchoolFree Debt Eliminatortaxeslower mortgage interestForeclosureTeachuniversal college accessFinancial50 over 50Mortgage Credit Availability Indexcar leasingWashington20% down paymentpaying for college3 step financial road mapOverspendingFinancial CliffGiftbill paying prioritiesemergency fund savingsFinancial Gift CliffBeautySpendingEmergency SavingsCredit Card Interest RateHow To Build Creditdream schoolUniversity of FloridaInterestPost-DivorceGraceteens and moneydebtstore credit cardshome loan credit score below 740 Save Us MoneySuze approvedHoliday ShoppingMotherCommencementHeartCredit scoreUS Tax CodeInfluential CelebrityOne Wallet At A TimeSuze Orman spouse Kathy Travissame sex marriage band end Floridamarriage inequalityFinancial AdviceLovefour steps to retirement savings School of Social WorkStock Investments!00% tuition paidCory BookerSuze OrmanFinancial Solutions For YouCollege of Veterinary MedicineCredit Card Rate Increaseretirementpresident ObamaMoney-SavingGiftscharges on credit cardThe Suze Orman ShowStudent Debt CrisisInfluentialsLifestyleBankruptcyTelepicturescnbc alarm clockstudentForbes Top 108 month safety netteensAlarm Clockback door Roth IRASandy Hook Promisegay marriage ban end Florida letter to suzerent vs buyChanging LivesSandy Hook Elementary SchoolMarlo Thomashome ownership


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
© 2015 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel