MarilynG1
Expert Alumni

Get your taxes done using TurboTax

Unfortunately, there is no place in TurboTax to indicate investment income split with a joint accountholder.

 

Your brother will enter the 1099's reported under his SSN, and indicate 'adjustment' to report his amount, under 'Other Uncommon Situations'. 

 

He will issue you a 1099 as Nominee for your portion, which you report on your return.  You will need to do your own calculations. 

 

Click this link for more info on Split Investment Income

 

 

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