Shedid
Level 3

I have a joint return where the spouse received unemployment compensation of approx. $15,000. Jointly the taxpayer AGI is about $260,000 due to $155k in L.T. C.G. Splitting the return into MFS creates a tax savings of around $3000 (with bringing each AGI below $150k & some LTG now taxed at 0% & w/the unemployment exclusion) . The taxpayer lives in a community property state and they do live together. How do I get Lacerte to split the unemployment? And does anyone know if each spouse will get $7500 exclusion on their separate return? Or does only the spouse who actually received it get $7500 unemployment excluded?  I have spent hours & hours on this and can't find anything. Please help.

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