MaryK4
Expert Alumni

Get your taxes done using TurboTax

Yes, you and your son can claim the income in a way that represents your interest in the escrow account.  TurboTax will report the $17 to the IRS, but there is no problem - trust me, the IRS handles trillions of dollars daily so they will not search for the $1 which is in line with their rounding.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post