Joint Tax Filing For Married Same-Sex Couples


MoneyTips

On June 26, 2015, the Supreme Court settled the issue of same-sex marriage in the U.S. with the landmark decision in Obergefell v. Hodges. This decision requires states to issue marriage licenses to same-sex couples and for states to recognize such marriages that were performed in other states. Gay marriage became legal in all 50 states.

The governmental recognition of same-sex marriage means that same-sex couples can now enjoy the same rights and privileges that opposite-sex couples do — and the same responsibilities and potential pitfalls of marriage. Taxes are a prime example. Married same-sex couples must now consider the best tax filing status now that they have the options of “married filing jointly” and “married filing separately”. As with opposite-sex couples, the answer is not always str…

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