Harry and Wanda Were Married in Texas, a Community Property

question 67

Multiple Choice

Harry and Wanda were married in Texas, a community property state, but moved to Virginia, a common law state. The calculation of their income on a joint return:

• A)Will increase as a result of changing their state of residence.
• B)Will decrease as a result of changing their state of residence.
• C)Will not change as a result of changing their state of residence.
• D)Will not be permitted.
• E)None of these.

---

Definitions:

France

A country in Western Europe known for its rich history, culture, and significant contributions to art, science, and politics.

England

A country that is part of the United Kingdom, known for its rich history, cultural landmarks, and as a global financial center.

Cloth Production

The process of creating textiles or fabrics from fibers through weaving, knitting, pressing, or bonding.

Heckscher-Ohlin Model

An economic theory that proposes countries will export products that utilize their abundant and cheap factor of production, and import products that require resources that are scarce domestically.