Can my wife and I file 2 Schedule C's or a K1? We have a General Partnership and are filing jointly.

[sean_2k5]

We are the only people in the business no employees or other partners.

[KrisD · Accepted solution]

It is possible for a couple to share a sole proprietorship as Joint Ventures, (they split the numbers into 2 schedule C's), HOWEVER if your entity is a partnership, the partnership will need to file Tax Form 1065 and issue you and your spouse K-1's.