- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
To be technically correct, you would have to defer to the laws where you live regarding ownership of property to decide who the income belongs to. Whoever was entitled to the interest income should report it on their tax return. If it is a joint account wherein either one of you could withdraw the funds and have legal title to them, then you could enter it on either tax return by agreement between the two of you that one of you is entitled to it.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
2 weeks ago