A bipartisan effort looks to rectify tax inequities for same-sex married couples
Briefly

A bipartisan duo of Senators, Elizabeth Warren and Susan Collins, have reintroduced the Refund Equality Act to help same-sex married couples amend tax returns for financial equality. On the anniversary of the Obergefell v. Hodges ruling, this legislation will allow couples married in jurisdictions that recognized same-sex marriage pre-2013 to file adjustments retroactively. This could result in about $55 million in refunds. Additional tax code exemptions are also proposed to ease filing requirements. The act is part of a broader movement to ensure equality for LGBTQ+ individuals in tax matters.
The Refund Equality Act enables same-sex couples to amend tax returns since their marriage, potentially yielding $55 million in refunds, according to a 2021 report.
Senators Warren and Collins, representing both parties, highlight the need for financial equality for same-sex couples, reaffirming the significance of the Obergefell v. Hodges ruling.
Read at Advocate.com
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