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Level 2
January 16, 2021
Question

North Carolina!!!

  • January 16, 2021
  • 1 reply
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2020 was my first full year in the State of North Carolina.  I understand it is a "Community Property State".  What effect, if any, will that have on the way I file my 2020 Tax Return?????

1 reply

Hal_Al
Level 15
Level 15
January 16, 2021

None.

First of all, NC is not a community property state. Second, community property rules only apply if you and your spouse want to file separate tax returns.  In that case, you have to report half of certain income of the spouse on your tax return. 

See http://www.irs.gov/pub/irs-pdf/p555.pdf 

Level 2
January 19, 2021

Gracias, Amigo!!!!