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Bank interest distribution on a Joint account when Married Filing Separately in Connecticut
Since Ct. is an equitable distribution state and not a community property state, can we divide the bank interest any way we wish on the federal return when married filing separately? If so, how is it done using TurboTax? The joint bank account has me on the 1099-INT as the primary without listing my wife. The interest division has state tax implications in CT.
Thank you.
‎January 30, 2024
8:51 AM