No, you don't have to report rental property revenue if your husband is reporting the entire amount on his return (unless you live in a Community Property State).
However, if your husband itemizes deductions, you must also itemize.
Click the link for more info on Married Filing Separately in a Community Property State.
No, you don't have to report rental property revenue if your husband is reporting the entire amount on his return (unless you live in a Community Property State).
However, if your husband itemizes deductions, you must also itemize.
Click the link for more info on Married Filing Separately in a Community Property State.
Hello
Thank you very much for your answer !
I am living in Calfornia which is a Community Property State.
But let me give you more details on my situation :
- I am US resident but French citizen (my assignment in the US is temporary)
- I bought the appartment in France before arriving in the US
- I already declare all my rental income for my tax return in France (actually it is not income it is only loss because of mortgage interests exceeding the incomes => I don't pay tax)
Does it make any difference ? What do you recommand ?
Thank you so much for your help.
Best
David
Since you live in a Community Property State, you should split the Rental Income (or Loss) on your returns.
If you are a Resident Alien, you file US taxes as a citizen, so that does not affect your situation.
Click the link for more info on Foreign Rental Income.