Hi,
The 1099 only sent to the primary account holders. The account is equally held by 3 siblings. Ideally, each one should file their share which is one-third. But only has one 1099 and addressed to the primary holder. Can you advise how could we file one-third on each return? Anything we need to submit to IRS to segregate the income/gain? Or we just simply enter one-third of each return?
Thanks.
