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MFS California High Income Earnerrs

FPCwealth
Level 2

Does anybody know the rough numbers on where it makes financial sense to MFS for high-income earners in California?  Also, how do I have ProSeries know that California is a Community Property State? It does not seem to split out the income 50/50.

I know how to split everything on the Federal side, but I am not confident with CA yet. thoughts/help???

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5 Replies 5
qbteachmt
Level 15

https://proconnect.intuit.com/community/tax-filing-status/help/mfj-vs-mfs-worksheet-in-proseries-bas...

 

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FPCwealth
Level 2

thank you. my question was for pro-series professionals, and specifically for community property states.

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qbteachmt
Level 15

If you clicked the link, you would read that Basic does not have the "worksheet" found in Professional. So, that means you have a Worksheet. Did you use it?

The Article Search here is very limited; sometimes any result is a useful result, as it gives you the info that leads to what you want or has other links inside of it. I use keywords, not product, search and scan the results:

https://proconnect.intuit.com/community/forums/searchpage/tab/message?advanced=false&allow_punctuati...

Here are some other articles:

https://proconnect.intuit.com/community/tax-filing-status/help/mfj-vs-mfs-worksheet-in-proseries-bas...

https://proconnect.intuit.com/community/tax-filing-status/help/splitting-a-married-filing-joint-mfj-...

https://proconnect.intuit.com/community/individual/help/preparing-two-married-filing-separate-state-...

 

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qbteachmt
Level 15

Here is a Current topic, even:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/proseries-mfs-mfj-compa...

 

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"Level Up" is a gaming function, not a real life function.
FPCwealth
Level 2

yes, I've seen all these.

 

My question is asking about community property states specifically. The worksheets do not split the income 50/50 per requirements.

 

I am also asking people if they know what level of income for CA taxpayers usually triggers a benefit to file MFS.

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