The House passed PRIDE Act, HR3299, is now available. The PRICE Act amends the Internal Revenue Code to provide for equal treatment of same sex married couples. It permits such couples to amend their filing status to married filing jointly for tax returns outside of the statute of limitations and modifies tax rules relating to married couples to include same sex couples.
To see the text of the Act and status, click PRIDE Act – HR 3299 Text Available.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..