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CPE Hours: 2 ( Federal:2 )	Publication Date: 07/07/2010	Cost: $20.00
Level: Intermediate	Author: Lee Reams

Prerequisites: Overview of Federal Income Taxation or comparable knowledge. No advance preparation needed.

Delivery Method: Self-Study

This course examines the special tax treatment of taxpayers residing in community property states. Highlights of the course include; Community Income and Property, Spouses Living Together and Apart, Denial of Community Property Benefits, Relief From Community Property Law, Credit for Taxes withheld on Wages, Inherited Community Property, EIC, Military Combat Zone Compensation, Non-resident Alien Spouse, etc.

Final Exam Grading Policy: Course material must be completed within 12 months of purchase. A score of 70% or better is needed for passing. The completion certificate will be automatically generated by the system.

This text is divided as follows:

Community Income 2
Treatment of Community Property 2
Spouses Live Together 3
Spouses Live Apart 3
Transferred Income 3
Special Circumstances 4
Denial of Community Property Benefits 4
Review Questions - Section One 5
Request for Relief from Community Property Law 6
Knowledge or Reason to Know 7
Entities owned as Community Property 7
Credit for Tax Withheld on Wages 8
Inherited Community Property 8
Earned Income Credit 8
Military Combat Zone Compensation 8
Married to a Non-resident Alien 8
Earned Income 9
Trade or Business Income 9
Partnership Income 9
Income from Separate Property 9
Other Community Income 9
Review Questions - Section Two 10

By completing this course a student will learn about the special tax treatment of taxpayers residing in community property states. The student will review topics that include: community income and property, spouses living together and apart, denial of community property benefits, relief from community property law, credit for taxes withheld on wages, inherited community property, EIC, military combat zone compensation, and much more.

CTEC
NASBA
IRS - Enrolled Agents
Oregon TP

CPE11010 - Community Property