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Get your taxes done using TurboTax
If you file a separate return, you generally report only your own income, credits, and deductions. You will have to source the income that produced the gains to determine who should report it. For example, the spouse who purchased the stocks would report the capital gains or dividends associated.
If you are in a community income state and it was community property you must divide it equally.
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March 14, 2021
12:20 PM