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Originally Posted by dbush1973 Hello, thank you for the reply. I am sorry if this double replied. I am not sure if I replied correctly this first time, but added a few things in.
I actually live in Texas. Not sure if my profile says CA, but I will change it if it does.
I am going to file jointly because the standard deduction gives us a better return.
We do not have any property (we rent) or any other property except for our vehicles which her vehicle is in her name and my vehicle is in my name. So I am thinking it should be an easy form to fill out. However, I have never filled one out before so it seems hard since I cannot find any good examples.
My wife has a student loan from many years ago and last year they took 100% of our return. Since i have children from my previous marriage I depend on a return for my kids.
With your reply to my questions I am not sure what actually is considered "community income". I have a job and receive a W2, and sell a book online which I get a 1099, and it is only under my SSN. My wife has been getting a 1099 from something she used to do before we got married and receives a 1099 under her SSN. Both of our 1099's are less then $2000 each so it's not a huge amount. We both have not paid taxes on our 1099 and it comes out against what is owed back from my W2.
So, if those are our only income would any of them be considered "community income"?
Are there any places online that helps fill out an injured spouse form? I am using turbotax, but it makes me fill in the boxes and does not describe what needs to go where.
Thank you for your time. |
I actually live in Texas. Not sure if my profile says CA, but I will change it if it does.========>in general,yes even if there is slight difference in detail among comm. Pty states.assets and income that you and your spouse can consider to be separate for tax purposes depend on the laws of your state . When you file jointly, you report all income from all assets. When you file separately, you must follow your state's definition of separate and community property.some comm. pty states consider income earned from separate property, such as dividends on stock owned prior to marriage, to be separate income reported only by the owning spouse on his return. Texas state considers it income earned equally by both spouses.
Knowing how your state distinguishes between shared and separate income and assets makes tax preparation.
I am going to file jointly because the standard deduction gives us a better return. ===>in general correct even though ometimes, filing mfs can be better than mfj
We do not have any property (we rent) or any other property except for our vehicles, which mine is in my name and hers is in her name. So I am thinking it should be an easy form to fill out. However, I have never filled one out before so it seems hard and I cannot find any good examples.
My wife has a student loan from many years ago and last year they took 100% of our return.===>you need to file f 8379that lets you (the "injured spouse") get back your portion of a jointly-filed refund if it's seized or offset to pay your spouse's debt.
Since I have children from my previous marriage I depend on a return for my kids. This is where I get the child tax credit from. We do not have children together.===>then, you can claim full child tax credit since the children are from your. Pre marriage.
With your reply to my questions I am not sure what actually is considered "community income". I have a job and receive a W2, and sell a book online which I get a 1099, and it is only under my SSN. My wife has been getting a 1099 from something she used to do before we got married and receives a 1099 under her SSN. Both of our 1099's are less then $2000 each so it's not a huge amount. We got married in 2014 and we have not started any business or any other type of income based thing that we have both of our names on.
So, if those are our only income would any of them be considered "community income"? ====>as said previously, as you said, since you filed your return jointly, married filing jointly, you still must combine your income with your spouse's and divide it proportionately according to the community property guidelines of your state. Community property is considered to be that which is acquired while the couple is married, and it cannot be otherwise identified as separate property. Community income is the income generated by such community property and the full earnings of each spouse. Say, if your spouse earns $2k this week, $1k of that is attributable to you. Under community property law, you both equally earned it.but assaid, you may choose to file either jointly or separately in community property states also. this is not your case, however say, you file return separately, I mean, married filing separation, then, you and your spouse each must attach your Form 8958 to your Form 1040 to identify your community and separate income, deductions, credits, and other return amounts according to the laws of your state.
Are they any places online that help fill out a form 8379? I am using turbotax, but it makes me put in the numbers and does not help with putting what number in which box.==>I guess it isnotthat difficult to fill outthe f8379. Youmay follow the instructions given step by step here
https://www.irs.gov/pub/irs-pdf/i8379.pdf
sorry I m not familiar with TT tax but you may hopefully get some help here
https://ttlc.intuit.com/questions/38...se-form-online