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Can interest income reported to one person be allocated to two people?

Chris_4325
Level 2
There are two owners of the bank account, but bank reported all interest income to one owner. How can I allocate part of the income to the other person?
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1 Comment 1
rbynaker
Level 13

My software has a box for Nominee interest that gets subtracted after the subtotal on Sch B.  I also issue a 1099-INT to the other recipient.