facebook
twitter
rss
account
search
search
 

Same-sex marriages now recognized for federal tax purposes

Aug. 29, 2013 at 3:04 PM   |   Comments

WASHINGTON, Aug. 29 (UPI) -- Legally married same-sex couples will be treated as married for federal tax purposes, the U.S. Treasury Department announced Thursday.

The ruling applies whether or not the couple lives in a jurisdiction that recognizes same-sex marriage. It applies to all federal tax provisions in which marriage is a factor, including filing status, exemptions, standard deductions, employee benefits and IRA contributions, a Treasury Department statement said.

Those in same-sex marriages and choosing to be considered married can also file amended returns for prior years. The statute of limitations is generally three years from the date the return was filed, or two years from the date taxes were paid.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Texas cheer coach Ashley Zehnder faces sex charge for sleeping with a student and sending nude sexts Texas cheer coach Ashley Zehnder faces sex charge for sleeping with a student and sending nude sexts
2
Missing college student Connor Trapatsos spotted on surveillance video Missing college student Connor Trapatsos spotted on surveillance video
3
Boy hunter, 11, shoots rare albino deer with crossbow Boy hunter, 11, shoots rare albino deer with crossbow
4
Several dead babies found in Winnipeg storage unit Several dead babies found in Winnipeg storage unit
5
Michigan Gov. Rick Snyder officially bans sales of Tesla Michigan Gov. Rick Snyder officially bans sales of Tesla
Trending News
Around the Web
x
Feedback