If rachel files a separate return how much income should


2017 Income Tax Fundamentals

Rob’s Salary                                                         $120,000

Rachel’s net income from her business                  $130,000

Interest (Rob’s separate property investments) $    4,000

Interest (Rachel’s separate property investments)     $    2,000

Dividends (community property)                             $    5,000

                                                                        Total income is          $261,000

                If Rachel files a separate return, how much income should she report?

                If Rob and Rachel live in Texas, what should Rachel report as income?

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