bwa
Alumni
Alumni

Get your taxes done using TurboTax

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.

View solution in original post