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Taxes - My Tax Return

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  4. What does community property mean?

What does community property mean?

A number of states have community property laws mandating that each spouse legally owns half of the income and property of each other, even if legal title is held by only one spouse. Your tax return preparation is affected by whether you live in a community property state. We recommend you contact a CPA in your area for additional information on how these rules effect you directly.

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