Economy

February 23, 2011

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.

Related content

Comments

Editor's Choice Videos