How do I split capital gains between spousal retur... - Community

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
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Intuit

How do I split capital gains between spousal returns?

TurboTax does not automatically split capital gains between spousal returns. Each spouse must separately report the appropriate percentage on their own return.

For example, if you and your spouse purchased (and sold) 100 shares of stock and you paid 1/4 of the total purchase amount, you would enter information for 25 of the shares and 25% of the expenses on your return. Your spouse would then enter the rest on his or her own return.

Related information:

Where do I report capital gains and losses (online version)?

There aren't enough lines to enter my capital gains on Schedule 3

The amount of capital gains on my T5008 is doubled in TurboTax. How do I fix it?

What are capital gains and losses?

Was this helpful?

You must sign in to vote, reply, or post
Intuit TurboTax - Finish filing and get your maximum refund, guaranteed.

Returning? Sign in