MFS in Community Property State

[MarinaEA]

Anyone has filed MFS in Community Property State? I wonder if it's even worth trying since all income, deductions, etc must be split 50/50 anyways. The situation is: taxpayer works and a shareholder of two S Corp with losses from one S Corp, and the 2nd S Corp has significant income. His spouse works and makes good money too. They have two kids. Sounds, it would be a major pain to split everything 50/50 with all income, S Corp losses and income, etc. Wonder if it's worth trying. In what situations it may make sense? 

[Terry53029]

ProSeries Pro has a MFJ/MFS worksheet under planning. just activate the worksheet, and it takes seconds to compare. Not sure how good it is with complicated returns.