Wednesday, July 3, 2013

Via JMG: Edie's Refund: $638,000+



CNN Money reports:
The Supreme Court decision this week striking down the Defense of Marriage Act means a lot of things to a lot of people. But to Edith Windsor, the plaintiff who brought the case, the landmark ruling also means she will finally get back the $638,000 in estate tax payments she had to make to the IRS and to New York State after her spouse -- Thea Spyer -- died in 2009. Windsor will also be paid interest on her refunds. Paul, Weiss, the law firm that represents her, estimates she will receive about $45,000 in interest on her federal refund and $25,000 on her New York State refund. The other good news for the 83-year-old Windsor? Her lawyers won't be getting a cut because Paul, Weiss took the case pro bono.

Reposted from Joe

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