Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
Announcements
If you experience technical issues while doing your taxes, you can get the latest information in

The Help Center

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

Which line do I override to pass 50% of my capital gains to my wife?

I need to pass on 50% of our capital gains to my wife. The Downlaod/CD does not allow for that. Many questions have been asked about this but no one is telling us how to actually do it. I am assuming that it will be an override but which line do we deal with ? Which line do I use to reduce my amount of capital gains and which line to I use to increase my wife's capital gains ?


1 Reply
Moderator

Which line do I override to pass 50% of my capital gains to my wife?

You'll have to manually split the dispositions of your stocks/shares between you and your spouse in the Capital Gains section of your TurboTax program you installed in your computer.

You don't want to perform any "overrides" as they will make you ineligible for NetFile.