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Can I allocate 50% of income from a joint account to one spouse in Maryland
We live in MD and I am completing our return. I am being asked how much of our cap gain income and fed exempt investment income is attributable to each spouse. The accounts are held jointly. If I allocate all to one person, we get a $7 deduction. If I allocate it 50/50, we get a $1200 deduction so this is material.
‎June 1, 2019
2:09 PM