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wwvic
New Member

How to split interest income on joint account? thnx

should I just divide the amount on T5 into 2?
3 Replies

How to split interest income on joint account? thnx

Please refer to the link below to assist you in entering your T5 jointly with your spouse/partner.

  • How do I enter a T5 slip?

https://turbotax.community.intuit.ca/replies/2648052

Rod52
Returning Member

How to split interest income on joint account? thnx

That link is no good. Just takes me to the home screen.

How to split interest income on joint account? thnx

@Rod52 The post you are looking at is from 2019.

 

When you enter a T5 slip in TurboTax there will be an option to enter a percentage to split the amounts with your spouse. If you are splitting with someone other than a spouse, then you'll need to divide the amounts into 2 instead.