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I live in a community property state and I need to know how to do the income allocation for filing jointly with my husband.
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If you live in a community property state, you will generally split it all 50/50. Some states have specific rules regarding the split, but most community property states follow the 50/50 rule. The exception would be income earned on assets or investments that were owned by a spouse prior to the marriage and not commingled. Also, inherited income that was not commingled.
If you don't live in a community property state, you will allocate each spouse's income to the spouse who earned the income.
Community Property states are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin
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