Hey,
My wife and I are filing married but separate for student loan purposes.
State: South Carolina
We have will have 2 1099-INT: a joint account and an account only in my name.
My understanding is that the joint account I will do a nominee distribution. Since the distribution is with my spouse, we are not required to file a 1096 & 1099. Correct?
The account under my name is technically both of our assets. My wife is not an account owner but is a POD beneficiary. Do I have to file this as a nominee distribution, or can I claim all the interest?
