Phillip1
New Member

Get your taxes done using TurboTax

With Qualified Joint Ventures in community property states, you will report 50% of all the income and expenses. Basically, both of your schedule Cs should look the same with half of the total income and expenses on each.

  • Enter the total of both of your Forms 1099-MISC and divide the total between and enter that amount as General Income on both of your Schedule Cs.