Community income Common law property system Separate property Cash Method Accrual method Hybrid method . Illegal Income Time left 1:22:44 .Net Income Income is reported in the year the taxpayer actually or constructively receives the income rather than in the year the income is earned. All property owned before marriage and gifts and inheritances acquired after marriage. Some items of income or expense are reported under the cash basis and others are reported under the accrual method. All income from whatever source derived, Income is generally taxed to the individual who earns the income, either through labor or capital. Income is considered to have been earned when all the events have occurred that fix the right to receive the income and when the amount of income can be determined with reasonable accuracy Income considered to belong equally to the spouses Choose Choose... Community income Illegal Income Accrual Method Separate property Net Income Cash Method Hybrid method Gross income Common law property system Choose Choose..