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Thanks, some of factors of Community property laws Disregarded match to us no one knows how much earned. One has W-2 and the other has S-corp and business.
So what should I do when form 8598 pups up? Should I check any box to mention allocation not reported? Should I attach an agreement to be ok everybody has his/her income on his/her return? I can file my own income on 8958 and my wife share column for $1 and for her vise versa? Is this ok?
I read about 8958 somewhere: entries on this form no impacts on FED and state returns!!! I confused again . Other side, 8958 must be filed in Community property, right?
‎January 10, 2023
2:21 PM