HOW DO I ALLOCATE STOCK SALES ON SCHEDULE D TO SPOUSE VS TP?

[Allan at Intuit · Accepted solution]

If you are making entries in the Capital Gains and Losses Condensed Entry Table, the last column on the right has the option for T,S,or J.

If you are making entries in the Capital Gains (Losses) Detail Entry Worksheet, Line 6b, Property ownership allows for T,S, or J entry.

If you are making entries in the Capital Gains (Loss) Transaction Worksheet, Part II,line 2, is for Owner - Taxpayer, Spouse, or Joint.