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Thank you for your response @STaxLady 

 

Just to make sure I understand what you are saying.

 

I will have my total gains or losses (independently if my spouse and I own similar stocks). Lets assume I have $300 in gains.

 

Then my spouse will have $400 in loses. 

 

The second part of your message means that when reporting we will have a total 300 + (-400) = -$100? So individually I have profits, my spouse loses, and then together a total loss of $100?

 

Thank you!