I am referring to split of capital gains. Will turbotax suggest optimized split?
There is no "optimized split" when it comes to any type of investment income.
According to CRA Attribution rules, what you need to do is determine who contributed to the investment and what percentage. You report the interest or Capital Gains earned in the same proportion as the funds that were contributed into the account that earned the income. Only if these were "your" funds, then you would claim the income on the T3, T5 or T5008 slips 100% in your name.
You cannot change the amounts strictly for tax advantages, and you should continue to report it with the same percentages each year, as changing this each year can trigger a review and possible reassessment from CRA. Generally spouse's claim 50/50.
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