Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Artman1
New Member

How to enter non spouse joint investment income allocations in turbo tax premier. Allocation % default to sharing with a spouse. Does the allocation with non spouse have to be entered manually base on proportions or is there a way for turbo tax allocate

 
1 Reply

How to enter non spouse joint investment income allocations in turbo tax premier. Allocation % default to sharing with a spouse. Does the allocation with non spouse have to be entered manually base on proportions or is there a way for turbo tax allocate

If you are splitting and investment with someone who is not a spouse, you'll have to calculate the split amounts manually. Example: If you are splitting a T5008 50/50 with your father, instead of putting your proceeds as $1000, you would enter $500.