Get Declaration Of Domestic Partnership

The employee will have imputed income reported on Form W-2 equal to the FMV of the domestic partner's (or child's) coverage. This amount will also be subject to income tax withholding and employment taxes.

DOMESTIC PARTNERSHIP means a committed relationship between two adults, of the same sex, that meets all of the requirements below. We attest and declare that the following statements (A through G) are true and correct: A. We are each other's sole domestic partner and intend to remain so indefinitely; B.

Common ownership of a car or other property (joint deed or mortgage agreement) Driver's licenses listing a common address. Proof of joint bank accounts or credit card accounts and loans.

The IRS doesn't recognize domestic partners or civil unions as a marriage. This means that on your federal return, you should file as single, head of household, or qualifying widow(er).

One simple way to do the calculation is to determine the difference between your company's cost of an employee-only monthly premium and the cost of an employee-plus-one monthly premium. Multiply that number by 12 and you will get your total.

The IRS considers health coverage for a domestic partner a taxable fringe benefit that must be included in the employee's gross income. The employee must receive imputed income for the employer-share of the premium paid for the domestic partner's coverage.

A domestic partner can be broadly defined as an unrelated and unmarried person who shares common living quarters with an employee and lives in a committed, intimate relationship that is not legally defined as marriage by the state in which the partners reside.

However, a domestic partner is not considered a spouse under federal law. As a result, if you elect to have your partner covered under your plan, you will pay income tax and Social Security payroll tax on the portion of the insurance premium that your employer contributes to your partner's policy.

No. Registered domestic partners may not file a federal return using a married filing separately or jointly filing status. Registered domestic partners are not married under state law. Therefore, these taxpayers are not married for federal tax purposes.