Showing posts with label The Cost of Being Gay. Show all posts
Showing posts with label The Cost of Being Gay. Show all posts

Monday, January 2, 2012

Married gay, lesbian couples pay thousands more in taxes

Same-sex spouses sometimes pay thousands more in federal income taxes than their straight counterparts because the Defense of Marriage Act bars the IRS from recognizing their marriages. 

An analysis conducted for CNNMoney explains the many federal tax advantages not available to gay and lesbian married couples.