Hi @Anonymous_ ,
Sorry to bring this old discussion back up again. Just wanted to get a suggestion on the same topic.
This year in 2023, both myself and my wife worked actively and earned income from LLC (owned by our Family Trust as single member LLC) in the 60/40 ratio respectively. When we file joint return for 2023, can we both use separate schedule C forms with 60/40 split or do we have to file the LLC income as partnership income with k-1 forms?
Thank you!
