My husband lives and works aboard and has stock trading capital gains under his name in an account located in a foreign country. I chose to file PA tax as married filing separately. However, I noticed that TurboTax split that capital gain and assigned half to my tax return. Now I need to pay PA tax on that half gain. I am wondering why?
I did go back to the TurboTax questionnaires and found there are no choices to make regarding who owns which investment accounts. However, for the interests and dividends session, TurboTax does ask who owns which account and split gain correctly. Can you please help explain if this is TurboTax's bug or the tax rules? Thanks!
