Anonymous
Not applicable

Get your taxes done using TurboTax

That makes sense that the W2 aren't altered. I'm looking at steps 5 and 6 of Part I here: https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/prepare-rdp-return-live-califor...

 

To figure out how much to adjust my income, I need to determine my "share of the community property". Is all of both our incomes for the year community property or do we need to pro-rate it by the period of the year where we were actually RDPs? It sounds like you are saying we don't need to pro-rate and all income for the year is community property, correct?

 

Relatedly, how do we allocate qualified dividend income between the two of us on the Community Property Income Adjustments page? This box seems to just adjust our income which is fine for W2 and interest income but qualified dividend income should be at the capital gains rate.