I'm getting married later this year so this will be my first time likely filing taxes jointly with my partner.
I hold all of my investments at Vanguard and deliberately minimize taxable events. My partner holds all of their investments with an advisor elsewhere. I have no knowledge or control over their investment decisions, but I imagine they create taxable events more frequently than I would prefer in my own accounts.
For those of you who split investment accounts between you and your spouse, how do you handle filing taxes jointly? If your partner's advisor decides to sell a significant amount of stock, are you responsible for paying half of the capital gains? How do you negotiate this with your spouse? Any advice/experience is appreciated.
I hold all of my investments at Vanguard and deliberately minimize taxable events. My partner holds all of their investments with an advisor elsewhere. I have no knowledge or control over their investment decisions, but I imagine they create taxable events more frequently than I would prefer in my own accounts.
For those of you who split investment accounts between you and your spouse, how do you handle filing taxes jointly? If your partner's advisor decides to sell a significant amount of stock, are you responsible for paying half of the capital gains? How do you negotiate this with your spouse? Any advice/experience is appreciated.
Statistics: Posted by sixofswords — Sat Feb 01, 2025 5:29 pm — Replies 10 — Views 438