How to file 1099B on Joint Account

caron1981 · ‎February 4, 2021

I have a joint brokerage account with my fiancée. On the 1099B he is the only one listed under Account Owner and Recipients SS#

Do we both have to file or does he since since the 1099B , has his name under Account holder with just his SS#? We have had it for a few years and I have never filed the 1099B and have not had an issue with it but I want to make sure it's just not going unnoticed by the IRS and it'll come back and haunt us. He's always filed it with his taxes.

JohnB5677 · ‎February 4, 2021

The IRS will be looking for the person whose name and Social Security number are on the 1099-B to file the tax return. In this case it would be him. There are ways to divert some of that to you, but it can be complicated.

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How to file 1099B on Joint Account

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