Search

small business articles

Taxes on Individuals & Families

IRS Recognizes Same Sex Marriages

The Internal Revenue Service has announced that married same-sex couples will be treated just like opposite-sex couples for federal tax purposes provided that they were married in a jurisdiction, domestic or foreign, that recognized their marriage as legal even if they live in a state that does not recognize same-sex marriages as legal.

The Internal Revenue Service has announced that married same-sex couples will be treated just like opposite-sex couples for federal tax purposes provided that they were married in a jurisdiction, domestic or foreign, that recognized their marriage as legal even if they live in a state that does not recognize same-sex marriages as legal.

The rule, known as the "state of celebration" rule, will allow same-sex couples to live anywhere they like, provided they were married where same-sex marriages were legal.

The IRS rule applies to all federal taxes - income, gift, and estate taxes. The new rule has implications for such things as personal and dependent exemptions, social security benefits and taxes, IRA contributions and other IRA rules, and tax credits.

For more information, call the accountants at Dugan & Lopatka, CPAs at (630) 665-4440.

 


 

 Individual Tax Return Ppreparation

 

AddThis Social Bookmark Button

Ask a question

Ask Accounting Questions | Ask Tax Questions | Elk Grove Village Accounting Firm

By Dugan Lopatka - Accountants for Midsize Businesses in Chicago:  CPAs for Small Businesses

  • Addison
  • Aurora
  • Bartlett
  • Batavia
  • Bensenville
  • Bloomingdale
  • Bolingbrook
  • Burr Ridge
  • Carol Stream
  • Chicago
  • Clarendon Hills
  • Darien
  • Downers Grove
  • Elgin
  • Elk Grove Village
  • Geneva
  • Glen Ellyn
  • Glendale Heights
  • Hanover Park
  • Hinsdale
  • Hoffman Estates
  • Itasca
  • Joliet
  • Lemont
  • Lisle
  • Lombard
  • Montgomery
  • Naperville
  • North Aurora
  • Oakbrook
  • Oakbrook Terrace
  • Oswego
  • Plainfield
  • Romeoville
  • Roselle
  • St. Charles
  • Schaumburg
  • Streamwood
  • Villa Park
  • Warrensville
  • West Chicago
  • Western Springs
  • Westmont
  • Wheaton
  • Willowbrook
  • Winfield
  • Wood Dale
  • Woodridge

Dugan & Lopatka, CPAs, PC, 104 E. Roosevelt Road, Wheaton, Illinois 60187 -MAP- T: (630) 665-4440 Fax: (630) 665-5030