Breaking Tax News: All Legal Same-Sex Marriages Will Be Recognized for Federal Tax Purposes

 In Tax News

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today ruled that same-sex couples, legally married in jurisdictions that  recognize their marriages, will be treated as married for federal tax  purposes. The ruling applies regardless of whether the couple lives in a jurisdiction that recognizes same-sex marriage or a jurisdiction that does not  recognize same-sex marriage.

This is the “place of celebration” rule as opposed to the “place of residence” rule.

To read the entire release from the U.S. Department of the Treasury please follow this link.

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