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For some married couples, it makes more sense to file separately than jointly (ex: 1 member of the couple has large medical expenses for a year).

When filing seperately, what are the rules surrounding the jointly held deductions. For example, if my wife and I own our home, we pay interest and property taxes. If we file separately, do we have to split these deductions 50/50, or do we have the flexibility to bin them all to the higher income spouse?

***Generally, you report your own income, exemptions, deductions, and credits or whoever pays the expense takes the deduction. However, in community property states 1/2 of the community income must be reported by each spouse. In other states income from separate property is separate income. Community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.
State law governs what is community income and what is separate income.

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