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Get your taxes done using TurboTax
The short answer is no.
The stock sale needs to be reported by the person owning the investment account. Doesn't matter in community property state.
Enter your information (all of it) in TurboTax and let TurboTax decide whether to file MFJ (married filing joint) or MFS (married filing separate) You usually come out ahead when you file MFJ
Those who file MFS usually have marriage problems, one spouse does not agree with the return or one spouse makes a million or more and the other only a few thousand. If your making a million or more you need to see a tax professional and not use TurboTax. And yes I am a Tax Professional
‎February 22, 2020
3:49 PM