Income tax advice gay couples

From: Farid-iddir
Category: Couple
Added: 1 year ago
Duration: 26:34

Gay Marriage and Taxes: Everything You Should Know

Answers to Frequently Asked Questions for Same Sex Married Couples If both parents claim a dependency deduction for the child on their income tax returns, the IRS will treat the child as the qualifying child of the parent with whom the child resides for the longer period of time during the taxable year. (estate tax marital deduction for

Tax Planning for Newlyweds - Kiplinger

Here are some tips for gay and lesbian couples in considering the effect of marriage on their federal income, gift and estate tax plans: Tip No. 1: Decide whether to file Jointly or Separately. Effective in 2014 all married couples must file

Gay Married Couples Earn More Than Heterosexual Ones Money

Gay men had an average household income of 176, 000 in 2014, 52, 000 more than lesbian couples and 63, 000 more than oppositesex couples. ever look at tax returns for samesex couples adds a

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