Qualifying Widower with a Joint Tenancy Account

kea — Thu, 26 Mar 2020 04:17:06 GMT

My wife passed away in 2018 and I filed jointly for 2018. I have a dependent child in college and plan to file as a qualifying widower. However, I have two accounts that generated interest that still includes my wife's name on the account as well as mine, so a joint tenancy account. TurboTax red flagged these two accounts as being inconsistent with the qualifying widower deduction. Is it best to change the check box on the tax form within TurboTax to remove the joint tenancy or is it best to file as is and accept it being flagged? Thanks.

Re: Qualifying Widower with a Joint Tenancy Account

LeonardS — Thu, 26 Mar 2020 15:36:08 GMT

Remove the check mark on the box for joint tenancy. You do not want to file your return when TurboTax has red flagged an item.

topic Qualifying Widower with a Joint Tenancy Account in Deductions & credits

Qualifying Widower with a Joint Tenancy Account

Re: Qualifying Widower with a Joint Tenancy Account