Tax Marriage for Unused Capital Losses

[Michael Staley]

Here is a radical idea for those with large unused capital losses--marry someone that will be generating a capital gain either thru the sale of their business or investments or a capital gain that will be passed out to them from another entity.  Is this a sham or might be ruled by the IRS to be a transaction solely to avoid tax?  The tax law does not allow legally married individuals to file single so they must file married joint or separate.  (You must file jointly to take advantage of this idea.)  The tax savings will be split between the "spouses".  And, who knows, you may fall out of love and get divorced at a later date.......  I can be your match maker if dollars make you amorous!  Let me know if you or someone you know is interested in finding their perfect tax match!  Michael