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A Husband and Wife partnership may be reported on your personal return with individual Schedule C's but only if it is not an llc. An llc must be reported as a partnership on Form 1065, and that income would flow through to the original return. There is an exception to that rule: A husband and wife llc can still avoid filing a partnership return if they live in a community property state.
May 31, 2019
7:00 PM