Schedule c self employed

[jdsalzillo]

My wife & I both have a small business and are filing 2 schedule c.

Her loss offsets my profit but we are getting taxed only on my profit.

Did I enter something wrong?

[Cattlerancher]

Is this a qualified joint venture? Or do you have two separate schedule C businesses?

[jdsalzillo]

2 seperate schedule c businesses.

[Cattlerancher]

I believe her NOL should be offsetting your profit for federal income tax purposes but SE tax still applies to your profit. Perhaps that is what you are seeing?