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Can me and my husband file together under Self Employed if we are business partners and we arent an LLC?

 
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Can me and my husband file together under Self Employed if we are business partners and we arent an LLC?

Yes, you can.  You will file two separate Schedule Cs (one for each of you) allocating your respective income/expenses based on your interests in the business.  This is called a Qualified Joint Venture.  Also, please see this IRS Qualified Joint Venture - Husband Wife Business

 

Please note: If you were an LLC the rules will be different and you could only file on two Schedule Cs if you live in a community property state.  Otherwise, a Form 1065 Partnership return would be required.




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Can me and my husband file together under Self Employed if we are business partners and we arent an LLC?

Yes, you can.  You will file two separate Schedule Cs (one for each of you) allocating your respective income/expenses based on your interests in the business.  This is called a Qualified Joint Venture.  Also, please see this IRS Qualified Joint Venture - Husband Wife Business

 

Please note: If you were an LLC the rules will be different and you could only file on two Schedule Cs if you live in a community property state.  Otherwise, a Form 1065 Partnership return would be required.




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