I wonder if the first-time choice made, say taking 100% reporting of the event on just one of the joint owner's return, sets a precedent that must be followed on future returns. Or, can we switch yearly between which joint owner will be doing the reporting? For example, if one of joint owners is in a high tax bracket, and the other is in low tax bracket, we can see advantages choosing one-over-the-other, and that could change in different years.
