Thanks rjs and Mike9241 for your helpful answers!
@Mike9241 - regarding your point about needing to file a 1099 to the IRS for a nominee distribution, I have no idea how to do that, and this is for our 2022 return, so it's probably too late anyway. I had hoped that spouses with a joint account can divide up interest/dividends from that account on their separate returns as they choose (in non-community-property states), without one spouse explicitly needing to give the other a 1099-INT. For example, https://www.irs.gov/instructions/i1040sb says (bolding mine):
If you received interest as a nominee, you must give the actual owner a Form 1099-INT (unless the owner is your spouse) and file Forms 1096 and 1099-INT with the IRS. For more details, see the General Instructions for Certain Information Returns and the Instructions for Forms 1099-INT and 1099-OID.
Am I missing something here? Thanks!
