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Old 01-28-2009, 11:10 AM
egmacrae egmacrae is offline
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Join Date: Jan 2009
Posts: 6
custodian on brokerage account for son

My wife and I sold stocks in which we were custodians for our son to help pay for his college. His social security number is the tax id number on this account. We received a 1099-B form. Do we report the gain on our taxes or does he on his. He is no longer our dependent.
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