With Valentine?s Day and tax season coming upon us, this is the perfect opportunity to dig into a new income tax ruling that impacts California same-sex couples that are either legally married or registered domestic partners.
The IRS made a ruling in 2010 that requires California gay and lesbian couples to equally split their combined community property incomes for tax reporting purposes.
There are many implications with this new IRS ruling. Some are positive in our fight for equal recognition of our relationships, but there are also some real negative consequences.
A new IRS ruling requires California gay and lesbian couples to equally split their combined community property incomes for tax reporting purposes. There are many implications with this new IRS ruling. Some are positive in our fight for equal recognition of our relationships, but there are also some real negative consequences.
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