Same-Sex Marriage and Taxes — News Roundup

Here is a roundup of the latest gay marriage news and the possible tax implications.

  • In Maryland, the governor signed into law last week a bill that legalizes same-sex marriage in the state. Opponents have said they will attempt to put the measure on the ballot for a public vote this fall. If the measure is upheld, married same-sex couples in Maryland will file their state taxes as married (and have to re-calculate their federal taxes in order to create the state return). Click here for an article from the Wall Street Journal.
  • In New Hampshire, the legislature may vote to repeal the law that allows same-sex marriage there. New Hampshire does not assess an income tax, but does levy a tax on interest and dividends. Same-sex married couples are treated as married for purposes of that tax.
  • In late February, a U.S. District Court judge in California ruled that the government must allow a federal worker to enroll her same-sex partner in her health insurance policy. The U.S. House of Representatives says it will appeal the ruling.
  • And in the “Shameless Self-Promotion Department,” I held another presentation of “De-Mystifying Same-Sex Tax Issues in Light of DOMA” on March 3 in Iowa City. Another rendition is planned for March 24 in Des Moines. That presentation on the 24th will be on-line interactive. Remember, if your group or organization is looking for a speaker (on any tax-related topic), I am available. Click here for more information.