Posted on 10/21/2015 3:27:59 PM PDT by markomalley
The Treasury Department and Internal Revenue Service announced new rules on Wednesday for implementing the Supreme Court decision on same-sex marriage for federal tax purposes.
With the rules, a marriage of two people of the same sex recognized by any state or other part of the U.S. will also be recognized for federal tax purposes.
The rules will also interpret the terms "husband" and "wife" to mean same-sex couples where necessary.
"The proposed regulations confirm that terms in the federal tax code relating to marriage should be interpreted to include same-sex spouses as well as opposite-sex spouses, ensuring that all are treated equally under the law," Treasury Secretary Jack Lew said in a statement. "These regulations provide additional clarity on how the federal government will treat same-sex couples for tax purposes in light of the Supreme Court's historic decision on same-sex marriage."
The federal government already recognized same-sex marriage for tax purposes, following the 2013 Supreme Court decision United States v. Windsor.
The new regulations take account of the Court's decision in Obergefell vs. Hodges in June, which required all states to recognize gay marriage.
The rules are relevant for all tax situations that involve marriage, including determining filing status, claiming exemptions, contributing to an individual retirement account, and claiming low-income or child tax credits.
Not sure how this is a change from last year.
Didn’t bet on the “marriage tax” I’ll wager.
<>ensuring that all are treated equally under the law<>
Article I Section 1: All legislative powers herein granted shall be vested in a Congress of the United States, . . .
Oh.
But hey, just keep voting!
I will never recognize a so-called marriage of abominations.
Why would they lay out the rules? The marriage taxes would apply equally to them once they are “married” in the state’s eyes.
Am I missing something? Or are some animals more equal than others.
Last year was when I started to see the terms of “Spouse 1” & “Spouse 2”. I’m waiting for the inevitable “Spouse 3” and “Child Spouse #” as the society ‘evolves’!
YES
The marriage tax is a lot of hype. There are far more benefits than liabilities. This will be costly to singles more than anything. If you are a widow or widower you pay a high single tax rate. It doesn’t matter if you live alone or with a roommate. However, if you take up house with a fellow perversion participant, you get benefits.
Agree, the laws regarding Taxation have been violated since day one and the electorate, fed a line by the Progressives in power went for the Punitive nature of what they were doing...
In short the “income” the law was passed for was investment income made by risking your bux to make more bux and they get a “cut” for keeping America “real” while you do your thing...
Income We earn as a payment for labor or services is a linear transaction between parties and no “gain” is really recognized as “income” beyond the employment “contract”
I have read through the code, I am a glutton for punishment but the truth is the Truth
And at the End of the Day if they lose all that income tax money life will be pretty tough selling us a shiny new turd you love...
The wheel is turning, Watch and See...
Any government or government agency that looks upon two homo pervs as being the equivalent of husband-and-wife isn’t worth one single speck of respect or legitimacy.
You watch, though, when a gay married couple where both “spouses” work files as two separate SINGLE taxpayers because they will pay less tax than a Joint return, NOTHING will happen to them. If I and my spouse tried it they’d throw me in jail (because I’m supposed to know better).
That makes as much sense as interpreting:
“shall not be infringed” to mean “may be infringed at will”
or interpreting “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people” to mean “FedGov has jurisdiction over almost anything imaginable, including mandating abortion.”
Because homosexuals have messed up brains, so they need things explained slowly.
The “child spouse” is probably the result of the Muslim invasion. Evolution? NOT!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.