Skip to main content
April 13, 2024
Question

Because of student loans/PSLF, my spouse and I are planning MFS in a community property state (WA). Do I add in my income, then adjust the different with me+spouse/2?

  • April 13, 2024
  • 1 reply
  • 0 views
We're getting confused by the turbo tax prompt for our community asset addition or subtraction. It is correct that if I file making $60k, and he files making $50k, then for the community asset/subtraction fields, we would subtract $5k for me and add $5k to him? ($50k+$60k)/2. Thanks for any advice. This seems to make it so we are not taxed twice.

1 reply

AmyC
Employee
April 16, 2024

Right, you each claim half of the other's income along with half of yours. See About Publication 555, Community Property - IRS and Married Filing Separately in community property states

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"