Same-sex couples: Beware the marriage penalty
June 27th, 2013
07:30 AM ET
10 months ago

Same-sex couples: Beware the marriage penalty

New York (CNNMoney) - After notching a major civil rights victory this week, some same-sex couples need to brace for a less exciting outcome: a tax hit known as the marriage penalty.

On Wednesday the Supreme Court shot down the Defense of Marriage Act, making it possible for same-sex couples who are married at the state level to access more than 1,000 federal benefits that were previously reserved for opposite-sex couples - including the ability to file their federal taxes jointly or "married filing separately."

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Filed under: Same-sex marriage • Taxes
soundoff (One Response)
  1. Lynda/Minnesota

    As a neutral bystander, might I also add that same sex couples who choose to marry ought to beware of divorce lawyers as well?

    June 27, 2013 08:59 am at 8:59 am |