Opened checking account with mother years ago. Given that I was a minor, she needed to sign as co-owner. This is the first time receiving interest and my mother got a 1099-INT since i hit exactly $10 threshold and she is listed as primary. Since all the money in that account has always come from me (direct deposits from work), do I need to file the 1099 under my name as a nominal interest and have her list me on her return or could she still go ahead and just pay taxes on those $10? and if so, how to do so on turbotax? Also, is there any gift tax to be concerned about on this joint account if all income has been earned and withdrawn by me.
