Recent content by PeterAndrew

California My domestic partner and I own some stocks together, and whenever we have a gain or loss, we apportion it equally between the two of us on our tax returns (schedule D). I've been told that the one whose tax ID is used for IRS reporting should file a 1099-B for the half of the gain/loss...

What is the name of your state? California I received a 1099-B which includes several items listed as "Return of Principal" as well as several items which refer to a full call on various municipal bonds. I realize that if my basis is reduced by return of principal, I will have to report a larger...