Tax filing in 2014: 7 new rules and 9 wacky deductions

Tax filing season is here, so it's time to ensure you're ready to get the most out of your filing. Read on for new rules for 2014, plus several surprising deductions.

5. Same-sex couples can file joint returns

Steve C. WIlson/AP/File
Troy Williams, a local LGBT organizer, speaks to a crowd of supporters of gay marriage as they gathered to rally and deliver over 58,000 petition signatures in support of gay marriage to Utah Governor Gary Herbert at the Utah State Capitol Friday in Salt Lake City.

2013 was a big year for same-sex marriage, and this year’s tax filing proves it. Same-sex couples married in any of the 17 states that have legalized gay marriage can choose to file joint federal tax returns or married separate returns regardless of whether their current state of residence recognizes the marriages.

Same-sex couples can also file amended joint tax returns as far back as 2010.

However, this also means same-sex couples may hit the so-called marriage penalty, in which they may face fewer deductions and higher taxes when pooling incomes together.

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