Friday, April 15, 2011
Same-Sex Families Get A New Boost From Tax Rules
by Phyllis Fletcher
Some same-sex couples have to file their federal income taxes in a new way this year. For some of those couples, it means they'll save a lot of money.
The gay couples who have new filing rules are same-sex spouses and registered domestic partners in "community property" states — that means they both own all of their income, no matter who earns what.
Three states extend their community property laws to same-sex couples: California, Nevada and Washington.