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community property | Wex - Cornell Law School
Community property refers to assets acquired during a marriage by either spouse. These assets can include property , income and even debt . Not all states
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Publication 551 (Rev. December 2016)
Jan 26, 2017 Basis is the amount of your investment in prop erty for tax purposes. Use the basis of property to figure depreciation, amortization, depletion,.
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Publication 555 (12/2024), Community Property
Community property laws affect how you figure your income on your federal income tax return if you are married, live in a community property state or country,
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