Which of the Following Is Not a True Statement Regarding

question 145

Multiple Choice

Which of the following is not a true statement regarding community property law?

• A)For a married couple living in California, income derived from separate property is taxable to the owner of the property.
• B)For a married couple living in Texas, income derived from separate property produces community income.
• C)In all community property states, the salary of married spouses is allocated one-half to each spouse.
• D)Colorado, Ohio, and Florida are community property states.
• E)Property acquired before marriage in a community property state continues to be separate property.