Jomini
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Posts posted by Jomini
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50% of my $200 income goes to somewhere. Could it go to my wife's income. Similarly, my wife's 50% income could possibly go to me. There, the original $200 total income becomes $400 for the family. I hope not. Could it?
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I am using your UFile for Tax return this year.I have an investment income, say, $200.00 which I share with my wife, 50-50. I report the $200 income, owning 50%. My wife also reports the same thing: $200 at 50%. Is there a possibility of double-counting the income, to $400.00?
Thank you.
Joint Investment income
in 2012
Posted
"If the remainder belongs to your spouse, indicate whether you want the program to take it into account in preparing your spouse's return."
I like this option. Where do I induicate it? In mine, or my wife's section. Thank you.