Today the IRS release Revenue Ruling 2013-17 generally providing that same-sex marriages would be recognized for Federal tax purposes if they were recognized under the laws of the state in which the marriage occurred. This has generally been referred to as the “place of celebration” rule.
In addition, the IRS released FAQs on both same-sex marriage and domestic partnerships and civil unions. These FAQs provide additional guidance on some relevant issues for plan sponsors, including qualified retirement plans, the tax impacts of health coverage for same-sex spouses, and cafeteria plans.
We’ll provide additional analysis in future posts, so stay tuned!