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Get your taxes done using TurboTax
Community property does not just mean real property. Money that you earn while married is also community property. Half of your W-2 wage (or other income) belongs to your spouse. In a community property state, you enter 1/2 of your W-2 income on your tax return and 1/2 on your spouses. If were only married for a month, then that would only apply the the income earned doing that period.
Dealing with community property laws is one very good reason to file jointly which avoids income allocation altogether.
Dealing with community property laws is one very good reason to file jointly which avoids income allocation altogether.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 7, 2019
2:58 PM