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William769

(59,147 posts)
Sat Apr 11, 2015, 04:35 PM Apr 2015

Tax Day poses unique challenges for many married, same-sex couples [View all]

WASHINGTON — A necessary burden for most Americans, Tax Day is an accounting nightmare for thousands of gay and lesbian couples as they wrestle with the uneven legal status of same-sex marriage in the United States.

They live in a country that recognizes their marriages, but some reside in the 13 states that do not, an issue that will be argued before the Supreme Court later this month.

At tax time, and Wednesday is the filing deadline, it gets complicated because most state income tax returns use information from a taxpayer’s federal return.

Straight couples simply copy numbers from one form to another. But that doesn’t work for same-sex couples reporting combined incomes, deductions and exemptions on their federal tax returns. These couples must untangle their finances on their state returns, where they are still considered single.

http://www.lgbtqnation.com/2015/04/tax-day-poses-unique-challenges-for-many-married-same-sex-couples/

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