IRA income when filing MFS - Spidell

IRA income when filing MFS

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Message Board IRA income when filing MFS

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    • #224878
      Anonymous
      Member

      When you split the tax return to avoid mental health tax, do you need to allocate IRA distribution since an IRA is a community property asset or assign to the recipient?

    • #225106
      Lynn Freer
      Participant

      From our Big Blue Answer Book:

      IRA contributions and distributions are generally treated without regard to
      community property rules even if the account is funded with community
      income or the income would ordinarily be considered community. (IRC
      §408(g))

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