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Nominee capital losses

erb81158
Level 1

Have a joint account between non married individuals. How do I report nominee capital losses? Account held 50/50 between the two individuals. Thank you

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1 Comment 1
Accountant-Man
Level 13

I report 100% of the losses(or gains) to the person whose SSN is on the account, then back out half.

The other person's return gets half reported. 

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