Thank You Thomas M. So assuming 1099-DIv contains:
1A: $800 ordinary dividend,
1B: $700 qualified dividend and
2A: $200 capital gain distribution,
- For the first person listed on the 1099-Div, I fill-in the amounts as is, and then adjust for the amount of $500 (half of the $800 + $200) and check "I received all or part of these dividends for someone else. (I am a nominee).
- For the second person, I enter $400, $350, and $100 in boxes 1A, 1B and 2A respectively (50% of the totals) and do not need to adjust anything.
Is that correct? I've never done a married filing separately before so thank you for your support and patience!
Brian
