RocketJSquirrel: hope you are still watching this thread a year later... I'm facing the same issue and wondering how you ended up filing your return? I'm in community property state TX and I'm tending to interpret the rules as I think you have, i.e. that the split in the gift occurs automatically because of community property rules, so I don't think I need to elect gift splitting in question #12 on the form, or show the split on Schedule A in column G.
So for example if I made a gift to my child of $50,000 in a single transaction, I think the correct reporting is for each of my spouse and me to file a gift tax return where we would each show a $25,000 gift in schedule A. We would not select gift splitting, and we would not show the $50,000 total anywhere on the form. Is that the way you ended up doing it, and was it accepted without question by IRS? I'm a bit concerned that the end result is a form that doesn't have a very good audit trail, given that the $25,000 figures won't match the $50,000 transfer amount. So am looking for some feedback to confirm that is the expected result in a community property state.
Thanks
