Form 8958 is a tax form used in the United States to determine community property income and allocate it between married individuals filing separate tax returns. This form is crucial for couples residing in community property states as it helps in accurately reporting and splitting income, deductions, and taxes between spouses. In community property states, which include Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin, income earned during the marriage is generally considered community property and is divided equally between spouses, regardless of who earned it. However, for federal tax purposes, married individuals can choose to file separate tax returns and allocate the community income accordingly by completing Form 8958. By completing Form 8958, couples can determine their community income as well as their respective separate incomes. This important tax document requires spouses to provide detailed information about their wages, salaries, tips, dividends, interest, rental income, and other income sources. The form also requires the disclosure of certain deductions, credits, and taxes paid. Form 8958 allows for the accurate reporting and division of community income between spouses by allocating portions of the income, deductions, and taxes to each individual. By doing so, each spouse's separate tax liability is determined based on their allocated community income. It is important to note that there are no different types of Form 8958 community property for tax purposes. However, there might be variations in the way this form is used depending on individual circumstances and the complexity of the couple's financial situation.