Page 44 - Interest Income - Individuals
P. 44

Community Property



















                         01                    02                                         Property







                                                                                            If you and your spouse live in a
                                                                                             community property state and
                                                                                             hold bonds as community
                       04                    03                                              property, one-half of the interest

                                                                                             is considered received by each of
                                                                                             you. If you file separate returns,
                                                                                             each of you must generally report
                                                                                             one-half of the bond interest. For
                                                                                             more information about

                                                                                             community property, see Pub.
                                                                                             555.






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