Hi, thank you for the response. I am still confused about a few things. You said " You indicated that the dividends are adjusted and that will be reflected in your return." - that is not the case. I am not sure what you mean by adjusted. Do you mean that the 1099-DIV is adjusted to reflect only my partner's share? Adjusted by whom? Right now with the data imported from Schwab into Turbotax, it's showing the full amounts for 1099- DIV, INT and B. My question is how do we claim only her share (55%)?
Are you suggesting I manually do the split and only report my wife's share (55%) of the dividends and interest income and gains/losses? The real complication is that last bit - the 1099-B has over 50 transactions. Should I just adjust gain/loss amount? This would look confusing because it won't add up correctly with the cost basis to equal proceeds.
