topic Reporting capital gains on a joint investment account in Get your taxes done using TurboTax

Reporting capital gains on a joint investment account

lindagalla — Mon, 23 Feb 2026 10:45:00 GMT

My brother and I have a joint investment account. I believe the taxing will be going against my SS number.

How do I go about splitting any gains or losses with my brother that is acceptable to the IRS?

Anonymous_ — Wed, 18 Jan 2023 17:22:42 GMT

You will report that you received his share as a nominee.

lindagalla — Wed, 18 Jan 2023 17:49:40 GMT

Thank you for your quick response.

In Quickbooks, how do I split the gain/loss?