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

tax ID theftpay down car loanbetter loan ratesSatisfyingknow before you oweholiday spendingalways use all paid time offdream schoolSuze Orman's Money WarsSuze approvedgift grandchild IRA contributionpay 100% cashthree year car loanget credit cardloan is giftnot gender specific social security not going brokebalance transfer Financial Systemraise deductiblespercentage of women widowed 75-84plansame-sex marriagePrime Rate Increaseretain separate credit cardsWashingtonreplace permanent life insurance with termfinancial goal phraseCory Bookerdoctor no longer in networkface your financial fearCredit scoreHolidaybill paying prioritiesunexpected expensefraudulent returncredit unionfinancial concernLifestyleEric Dodge stretch out haircut appointmentsRetirement Savingsno life insurance financially irresponsibleStudent Debt8 month safety netemployer funding HSAprovider of financial supportRetirement Incomelong term careFinancial Power of AttorneyInvest for savings growthjanuary billsRevocable Living Trustyours, mine & oursenjoy saving HDHP's are not badUS Tax CodeOverspendingMoney Marketis it necessarydon't ignore open enrollmentcost of capitalization calculatorFinancial Cliffis it true? Financial Awareness Video Festivalcharges on credit cardbe true to yourselfcredit cardfederal student loan deferment overspend on dining outteens and moneyteach your child good money habitsHSA tax savingssavingsmoney vows!00% tuition paidcar leasinghigh FICO scoreLong Term Care shoppingverify wellness screening and programsFiscal Responsibilitywives should be involved in retirementFinancial Awarenesswrite new goal19 years cash flow problembuying car 2016Federal Funds Rateemployer offered life insurancedeath benefit needs for familyfull retirement age50 over 50don't charge a pennyrequired disclosureinterest capitalizationpublic service loan forgiveness programdebtdental savings planrent vs buycnbc alarm clockprotect dependent pay interest while in schoolLTC shoppingschool value moneymental healthGay Couplesbig results leave a legacycredit reportdon't use allowance as bribebuying a carretirment savingsreal estate mistakesmortgageretirement accountspaying for collegestudent loan repayment planHeartFinancial Advicetelevision hosttaxeskeep a scheduleTelepicturesstudent loan debt6 month waiting perioddon't cover cosmetic dentistry2016 adjust estimated taxcar loanFinancial EducatorAccuQuote.comInfluential Celebrityone credit cardAmy LacyetDurable Power of Attorney for Health Carepush yourself to save more for retirementpresident Obamaprotect loved ones lower ratemarriage financial responsibility8 month emergency fundcommitpaid vacationpublic service career student loan repayment increase emergency savingsrequire chore in exchange for allowancereal estate marketwomen live longerstudent loan repayment estimatorletter to suzeStaffords this year have a fixed 6.8% interest rateback door Roth IRAloan necessitycommunity collegedon't defer interest paymentsbreakdown projected monthly housing coststay positivepay credit debt ASAPhome budget after tax costshop online guaranteed level term policylet them have 50% controlHoliday ShoppingInfluentials401Kstudent loan repayment3 step financial road mapno negativityhome buying mistakesinterest on student loansemergency fund savingsMothersocial workYoung Adult don't spend lousy investmentStudent Debt CrisisEasy Life Insurance loan big picture permanent life insurance10 year repayment plan death benefit 20 to 25 times annual incomeAdequate Auto and Home InsuranceFICO credit score credit card mortgageFinancial Gift Cliff4 Must Have Documents iffy incomeis it kind?women long term careUniversity of IllinoisRichdon't buy wantsritual scheduleCivil RightsPost-Divorceadvice for college graduatesignore 6 month grace period Personal FinanceUniversity of FloridaEmergency Savingsno sneaking in feesFRAdangerous money seasonBanklearn good financial choicesAshley Springerat worst still pay 75% benefitpurely financial standpointmortgage disclosureautomatic withdraw to savings get health insuranceFinal GoodbyeSchool of Social WorkSandy Hook Promisecouple financesultimate compounding giftget the most out of social security avoid burn outsummer job match income children under 18depreciating asset save Newtownunsubsidized Stafford loanChanging LivesHow To Build Creditno tax on withdrawlsStudent Loantake actionage appropriate choreretirement planLong Term Care premiumsuniversal college accessmake saving a pleasureno splurge PBS Specialfinancial argumentsOne Wallet At A Timepay down student loan debtresponsible with moneyemergency fund LTCworst financial mistakebuy hometeensget over life insurance phobiacut monthly cellular billloan no longer than 36monthspay more than minimumdo you need life insuranceGiftHDHP increase retirement contribution ratedear suzegraduationgrandchild summer job IRA contributionlow down paymentstudenthome loan credit score below 740 IRA contribution gifted moneyPay Off Debt Before Retirementbad decisions8 Rulescar buying mistakes40% toward financial goalspeak new goalteach importance of helping othersCredit Card Rate IncreaseSave Us Moneystore credit cardsvalentines dayfinancial fearsPrime Rate Rise 2015incentives for health care wellness screeninginsurance yearly reviewnot enough life insurancemax employer matched 401(k) contributionwomen longer life spanVeterinary SchoolFICO Scoresocial security never insolventwould you decline a bonusone annual feecollege graduateconsider roth 401(k)pay off debtBeautymonthly dental insurance premiumNew York Lifegrandparent IRA contribution Alarm ClockHDHP's are good for youlong-term care lower premiumbest interest ratesmax benefit coveredborrow each year, capitalization is going to pile up automate student loan paymentsbe kind to yourselfdangerous retirement plan401(k) ContributionsMortgage Credit Availability Indexovercome financial fearsgay marriage ban end Florida Baby BoomersLTCi ASAPinsuranceHoliday SeasonconfidentGiftsInterestwomen outlive menForbeslive below your meansEmployer Matched ContributionForeclosuremanage student loanspowerfulThe Suze Orman Showlong-term care premiumscalculate dependents annual income needspreexisting condition not coveredCollege of Veterinary Medicinefamily save at least $100 monthlydon't blow tax refundSuze Ormanopen enrollment review switch to spouse coveragebecome member term insuranceemotional stakessmall changes gift not loanspecial saving accountLoveSpendingExhibitionfocus on new truth Long Term Care Insurance Credit Card Interest Ratejuggle multiple financial goalssame sex marriage band end FloridaCommencementapproved medical 100% tax-freecostly insurance mistakelife insurancetraditional vs roth 401(k)sidelinedBankruptcydental discount planunder 18 financial giftSuze Orman ScholarshipSuze is my biggest mentorsave moneyidentity fraudStock InvestmentsTeachconfident of solutionno fee transferinsurance mistakephysical healthnew carfocus on needslow credit scoreverify retirement plan with HR or plan sponsorsuccessderailed planpay high rate off firstcomparison shoppingMoney-Savingpercentage men widowed 75-84Warner Bros Television GroupMarlo Thomasprotect and provide for minor child roth irahome ownershipPhyllis Shelton expert long-term careAARPno waiting periodheartacheis it necessary?high deductible health care planhousing marketbest loan deal financial independenceAmericans don't use all paid vacation timealternative FICO scorezero rate transfer dealslower mortgage interestFinancialUrbana-ChampaignFree Debt Eliminatorincrease retirement savingsterm life insuranceinitial tax break Forbes Top 10Auto Savings AARP Social security calculatorSandy Hook Elementary Schoolrising home pricesloved ones dependent on income10% donate to charityfile asapraise insurance deductiblemonthly benefit protect your familydoctors in networkbad retirement planninghigher insurance deductibleNew american Dream CNBCgift up to 14,000Fundsfour steps to retirement savings 20% down paymentSuze changed my lifefinancing car Jose Rodriguezcan you afford itoverspend on gifts2015 record year car salesoverspend on nights outMass MutualSelectQuote.comMost Influential Celebrities ListGoodbyemarriage inequality2015 financial roadmapdebit carddental insurance home buying budgetswitch to roth 401(k)cut monthly cable billcreate new truthWall Streetwaive home inspection biddo not pay allowance for good behaviorGraceFinancial Solutions For YouHDHP'sonly offered while employed positivedon't do five year car loanGay Rightsmobile appretirementSuze Orman spouse Kathy TravisCommunication Skills Money2016 adjust withholdingmaintain standard of livinghigh premiums


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
© 2016 Suze Orman Media Inc. All rights reserved.
 
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel