Thank you for your reply. I have to say that only my ex-husband's SSN is the Recipient's TIN on the account although it is a joint account.
I'd like to ask:
* Our divorce agreement did not specify how to divide the investment account. However, we intend to do 50-50. Can each of us report like that on our tax return?
* Also, 1099-DIV includes both dividends and capital gain distributions. We will be dividing both of them, right in the 1099-DIV Boxes?
* Finally, in TurboTax, under "Tell us if any of these uncommon situations apply to you", there is a situation: "I need to adjust these dividends". Does each one of us also need to adjust these dividends by checking the box "I received all or part of these dividends for someone else (I am a nominee)? I am confused here, because since his SSN is as the recipient's TIN on 1099-DIV, does he need to file Form 1096 with the IRS?
Thank you again.
