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New Member
posted Jun 6, 2019 1:23:08 AM

We received one 1099 misc for our LLC business. How I separate it for two schedule C's. We are filing as a joint venture.

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1 Best answer
New Member
Jun 6, 2019 1:23:10 AM

I have never actually done this myself but I don't see why it wouldn't work. Just like all your other income and expenses, enter a 1099-MISC with half the amount on each schedule C. Make it look like you got two 1099-MISC's with half the total on each. When entering the 1099 it will ask "This 1099-MISC is For" check the appropriate box (you or your spouse).

1 Replies
New Member
Jun 6, 2019 1:23:10 AM

I have never actually done this myself but I don't see why it wouldn't work. Just like all your other income and expenses, enter a 1099-MISC with half the amount on each schedule C. Make it look like you got two 1099-MISC's with half the total on each. When entering the 1099 it will ask "This 1099-MISC is For" check the appropriate box (you or your spouse).