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<br />4. Benefits will be effective on the first day of the month following the date <br />the enrollment form was returned to Human Resources. <br /> <br />TAX IMPLICATIONS <br /> <br />The Federal Government does not always recognize domestic partner <br />relationships for tax purposes. Therefore the value of the additional <br />benefits received by a domestic partner is considered taxable for Federal <br />tax, purposes. The tax liability is an "imputed value" based on the fair <br />market value of the benefit of all of the selected coverage, as assigned by <br />the individual plans. However, if the domestic partner qualifies as a <br />dependent for tax reporting requirements under the Internal Revenue <br />Code, the Value of the additional benefits may be exempt for the imputed <br />tax upon proper certification~ Imputed earnings are subject to federal tax <br />and will not be. added to your taxable gross income for California state tax. <br /> <br />l~ <br /> <br />.,., "-_..,....,.........,,.. ,......_---.-_._--~-_.....,_....._,."...., <br />