We are filing MFS, and I entered 1099-DIV by dividing and overriding the original amount with half. There's also 8949 proceeds, cost and net loss. Where do I need to go to enter the 1/2 values? If I change the amounts to half on Form 1099-B, Capital Loss Carry forward Worksheet and Schedule D is that all that I need to do?
If you are both listed as owners of the 1099-B, you can split the amounts. If one of you is the owner, please see the answer from Tom Young.
Yes. We are both joint owners. Did I list all the forms where I need to go? Thank you for your help. My apologies for the late response. I did not receive an email notification of your reply.