MaryK4
Expert Alumni

Get your taxes done using TurboTax

It is a good idea to file as a qualified joint venture if you can - it is easier and saves time and money when compared to the 1065.

You would have to file two separate Schedule Cs with your tax return- one for each of you.  You could allocate the amount of income and expenses as long as the totals match your books.  

 

For more details see Election for married couples unincorporated businesses.

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