Married Filing Separately, how do I split dividend from joint investment accounts between me and my spouse?
043675
4 Replies
Coleen3
Intuit Alumni
Jun 6, 2019 10:52:07 AM
The easiest way is to just split them 50/50, if both names are on the 1099-DIV. If only one name is listed, that party can indicate Nominee income for the other party.
(See the attached screenshot below. Click to enlarge.)
macuser_22
Level 15
Jun 6, 2019 10:52:09 AM
The rules can be different (and complicated) if you live in a community property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin ) and have to allocate income.
TerriAron
New Member
Apr 2, 2023 1:45:28 PM
I can't see a screenshot but have same question. Do we just each put 50% of each item (box information) from the 1099-DIV document?
RobertB4444
Expert Alumni
Apr 7, 2023 11:26:12 AM
That will work whether you are in a community property state or not.