In TurboTax's community property section, you'll need to:Enter Income: Split wages, interest, dividends, and self-employment income 50/50 if earned during the marriage.Allocate Deductions: Allocate deductions like mortgage interest and credits appropriately.Report Separate Income: Report income from assets earned before the marriage or from inheritances as separate property.For more detailed guidance, you can refer to TurboTax's community property FAQ.

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mjatimperial

Question

what am I supposedto enter in the community property portion?

Forum|Forum|1 year ago
February 6, 2025
1 reply
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SabrinaD2

In TurboTax's community property section, you'll need to:

Enter Income: Split wages, interest, dividends, and self-employment income 50/50 if earned during the marriage.
Allocate Deductions: Allocate deductions like mortgage interest and credits appropriately.
Report Separate Income: Report income from assets earned before the marriage or from inheritances as separate property.

For more detailed guidance, you can refer to TurboTax's community property FAQ.