The IRS will have the totals of your documents which they can reconcile. Keep the documents with your tax file should you need them later. You will know exactly how you arrived at the totals you enter on the tax return.
If you and your spouse paid estimated tax jointly but file separate income tax returns, either of you can claim all of the estimated tax paid, or you may divide it between you in any way that you agree upon.
- If you can't agree on how to divide it, the estimated tax you can claim equals the total estimated tax paid times the tax shown on your separate return, divided by the total of the tax shown on your return and your spouse's return.
- If you paid your estimated taxes separately, you get credit for only the estimated taxes you paid.
Since rents must be reported equally between you, then the expenses should be split as well. However, see the note below if only one of you owns the property.
Income from separate property.
In some states, income from separate property is separate income. These states include Arizona, California, Nevada, New Mexico, and Washington. Other states characterize income from separate property as community income. These states include Idaho, Louisiana, Texas, and Wisconsin. (References the same publication from above.)
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