Economy

February 23, 2011 6:53 AM

IRS rule change may give gay couples in three states a tax break

Many same-sex couples in California are getting a tax break this year from the IRS, according to new requirements to report their combined income on federal tax returns. Under so-called "income splitting," the IRS is requiring all same-sex married couples or registered domestic partners in California to divide their combined income equally and report it on their separate tax returns.

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