Tax 101: Married, Filing Seperately & Community Property (Part 7 of 7)
Married filing separately is an election that married couples can make to potentially reduce one, or both, of their tax liability. It's often popular for taxpayers on income based repayment plans for student loans. However, there are different things that must be considered when living in a community property state. Because we have two hours, we will spend time looking at the marriage penalty and how to talk to clients about it, what is meant by community property, and how it might work in a state like California.
This 2 hour course will cover:
1. What is married filing separately and the marriage penalty
2. What is community property state and how it affects return filing
3. How to complete a return in a community property state with Form 8958
"Our best deal is always to become a monthly subscriber"
*Self-Study recording available for IRS CE Credit only (NO CPE)
NASBA Field of Study: Taxes
IRS Program #: 7Q3WU-T-00976-26
CTEC Course #: 6248-CE-00333
Ellie Nava-Jones
,
EA
Ellie views her role as an Enrolled Agent much like Ariadne in the labyrinth—an advocate guiding clients through the complexities of the tax world with clarity and consistency. She holds a Master of Library Science and a Master’s in English, and she teaches for various tax organizations while contributing to trade magazines, journals, and tax compendiums. In her spare time, Ellie writes fiction, both short and long form, that has been published. Her professional focus includes individuals, small businesses, and tax representation, helping clients navigate tax challenges with expertise and care.
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