What is the Federal and State Taxation of Domestic Partner Benefits?

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What is the Federal and State Taxation of Domestic Partner Benefits?

2006-10-02 08:49:52 · 2 answers · asked by John B 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

Nothing really.

The only difference is if one partner works and one doesn't, the working partner could claim the non-working partner as a dependent. But this type of dependent does not qualify the working partner as Head of Household. So his/her filing status would be Single with one dependent.

Some local law may not allow domestic partner as a dependent, i.e. FL. So check with your local accountant.

Best wishes.

2006-10-02 08:55:56 · answer #1 · answered by JQT 6 · 1⤊ 0⤋

They would be taxed or not taxed the same as any other benefits. Any taxable amount is already reflected on your W-2. you don't need to pay any special attention to them.

2006-10-02 12:53:39 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋