aug 7, 2024 · intuit helpintuit. Generating form 8958 in proseries. By intuit• updated 3 weeks ago. Form 8958 must be completed if the taxpayer: Is married filing separately. form 8958 helps reconcile this by allowing spouses to allocate their community income, deductions, credits, and other tax items fairly between their separate returns. use this form to determine the allocation of tax amounts between married filing separate spouses or registered domestic partners (rdps) with community property rights. once you have completed the steps above, please complete the married filing separately allocations form 8958. This form will explain to the irs why the taxable income and. November 2023) department of the treasury internal revenue service. Allocation of tax amounts between certain individuals in community property states. after all the income, credits, deductions, and adjustments have been entered you will use form 8958 to allocate the community income amounts between spouse a and spouse. feb 22, 2022 · how to properly fill out form 8958 your community property income will be your normal income for the year plus or minus an adjustment for your community.
