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New Member
posted Oct 31, 2019 12:33:51 AM

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 ?


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1 Replies
Level 15
Oct 31, 2019 12:33:53 AM

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.