Publication 555

Publication 555

A form published by the IRS explaining the tax treatment of community property.
References in periodicals archive ?
The IRS updated Publication 17, Your Federal Income Tax, and Publication 555, Community Property, to formally extend these rules to RDPs in Nevada and the state of Washington.
IRA distributions are not community income per IRS Publication 555. (18) Pension benefits accrued prior to registration (or accrued while the taxpayers lived in a common law state) are separate property.
(18.) IRS Publication 555, Community Property (rev.
The IRS has previously included some information on the treatment of community property in Publication 555, Community Property, for same-sex spouses in California and registered domestic partners in California, Nevada and Washington.
For more information, see IRS Publication 555, "Federal Tax Information on Community Property."
IRS Publication 555 provides a useful reference to these rules.
Pat Donahue, an IRS Area Counsel, said, "Publication 555 instructions, revised as of May 2007, state that the community property rules do not apply to RDPs in California.
(48) IRS Publication 555, Federal Tax Information on Community Property.