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Level 1
posted Apr 3, 2022 4:26:56 PM

Why does Pennsylvania Schedule B report the same dividends for both taxpayer and spouse?

0 4 529
4 Replies
Expert Alumni
Apr 3, 2022 5:16:24 PM

Pennsylvania divides 50/50  all dividends, interest, and capital gains that are in joint investment accounts. Each spouse has their share of these investments.

Level 1
Apr 3, 2022 5:34:34 PM

TurboTax doubled it. It used the same amount for taxpayer and spouse. It doesn't make sense. I chose joint for the 1099-div in TurboTax. The account is a joint account. 

Level 2
Mar 29, 2025 11:42:52 AM

My federal dividends for me and spouse all went to PA as for me.  Maybe this won't matter.

 

Level 2
Mar 29, 2025 11:43:46 AM

I did not get this.  All of the federal dividends went to taxpayer, and 0 to spouse.