Thursday, February 11, 2010

Married filing separate. How do I handle interest on joint 1099 INT? Split in half, etc?

The 1099-INT is from one bank for 3 separate accounts held jointly by the wife and I. Can I split in half? Report the interest on the taxes on the name that comes first? Or what else?Married filing separate. How do I handle interest on joint 1099 INT? Split in half, etc?
Split it in half, or report it under the social security number on the account.

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