Patricia and Cliff are married but file separate tax returns.Patricia received a salary of $42,000 and Cliff received $15,000 of dividends from a stock portfolio that is his own separate property.
a.If Patricia and Cliff live in a common law state, what income should Patricia show on her separate return?SalaryDividends
b.If they live in California (a community property state), what income should Patricia show on her separate return?SalaryDividends

Question

Patricia and Cliff are married but file separate tax returns.Patricia received a salary of $42,000 and Cliff received $15,000 of dividends from a stock portfolio that is his own separate property.
a.​If Patricia and Cliff live in a common law state, what income should Patricia show on her separate return?​Salary​​Dividends​​
b.​If they live in California (a community property state), what income should Patricia show on her separate return?​Salary​​Dividends​

Quizplus · Accepted Answer

The Answer of Patricia and Cliff are married but file separate tax returns.Patricia received a salary of $42,000 and Cliff received $15,000 of dividends from a stock portfolio that is his own separate property.
a.​If Patricia and Cliff live in a common law state, what income should Patricia show on her separate return?​Salary​​Dividends​​
b.​If they live in California (a community property state), what income should Patricia show on her separate return?​Salary​​Dividends​

Patricia and Cliff Are Married but File Separate Tax Returns