HOUSE_OVERSIGHT_029309.jpg
2.45 MB
Extraction Summary
0
People
4
Organizations
0
Locations
1
Events
0
Relationships
3
Quotes
Document Information
Type:
Cch tax briefing / congressional document production
File Size:
2.45 MB
Summary
This document is page 5 of a CCH Tax Briefing dated June 27, 2013, bearing the Bates stamp HOUSE_OVERSIGHT_029309. It details 2013 Adjusted Gross Income (AGI) phaseout thresholds, capital gains taxes, and net investment income taxes. It specifically addresses income tax issues for same-sex couples following the Supreme Court's Windsor decision, including filing status strategies and dependency exemptions.
Organizations (4)
| Name | Type | Context |
|---|---|---|
| CCH | ||
| Internal Revenue Service (IRS) | ||
| Supreme Court | ||
| House Oversight Committee |
Timeline (1 events)
2013-06-26
Supreme Court's Windsor decision (referenced in text as context for tax changes)
Washington D.C.
Key Quotes (3)
"Same-sex couples may find that the benefits of filing a joint return may not always be greater than filing separately..."Source
HOUSE_OVERSIGHT_029309.jpg
Quote #1
"Net Capital Gains are taxed at the 20 percent maximum rate at levels beyond which income would otherwise be pushed into the 39.6 percent bracket"Source
HOUSE_OVERSIGHT_029309.jpg
Quote #2
"In 2012, the IRS explained on its website that if a child is a qualifying child under Code Sec. 152(c) and both parents are same-sex partners, either parent, but not both, may claim a dependency deduction"Source
HOUSE_OVERSIGHT_029309.jpg
Quote #3
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document