For the 1099-B, it may be easier for you to pay the taxes and have her pay you back, so whichever option works best for you, you can choose to do. However, you can issue her a 1099-B. You would need to send this to the IRS with transmittal form 1096 by February 28th.
Yes, you would issue one 1099-INT and 1099-DIV for all of her share of interest regardless of the source. This is because it is now your income and your responsibility. So it is coming from you, you cannot issue the forms in the name of the original companies.
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