Preparing return for RDP
ProSeries : 2010Registered Domestic Partnerships- Do I separate the income by hand? Didn't find a way to show this as community property income
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bjYtfUFoKr4iKgacwZ5xHE
05/12/11 3:43pm PDT
Viewed by asker 05/14/11 1:53pm PDT
Viewed by asker 05/14/11 1:53pm PDT
3 Replies
05/12/11 4:10pm PDT
Here's a link to a PS support article for some helpful info:
http://my.proseries.intuit.com/support/document.aspx?product=PROSERIES_TAX&id=GEN51062
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Charlotte256
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05/12/11 5:15pm PDT
The solution
In the Federal forms list is MFS Com Prop Wks which combines the income. For the Federal, divide the combined total by 2. Subtract the individual's income from that amount. This will result in a positive or negative number. Enter the number in that manner on Form 1040 Line 21 Item 17 with the explanation Community Property adjustment. You can make a similar adjustment on Schedule A, by combining the total deductions dividing them by 2 and being certain that each taxpayer uses half of them.
There is no reason to make the process difficult. The IRS only wants each to pay tax on half the income and to deduct half the deductions.
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05/14/11 1:53pm PDT
Latest post
Thanks! Do we have to include an explanation to the IRS?
