Help me in doing this correctly.

NextGen (Student) (5 Points)

14 June 2020  

Hi,

So I have the following :

I sold a property for X amount And received the proceeds in my accounts.(Sep 2018) Subsequently I transferred the entire proceed into a join account I have with my mother.

Later the same amount was used for investing and trading via her brokerage account and resulted in the loss of capital. She is retired and her returns have been filed regularly.

How should this be treated?