if your company is a C Corporation. it files it's own return. income would be reported by it. in general, you would only need to report on your own return any salaries and dividends received.
if it's an S Corp, then it must file a return (1120S) showing each of you as owners and issuing k-1's to each which gets reported on your 1040 along with any slaries paid
if neither, you have a partnership. if it is not an LLC, each of your reports their share on a schedule C
if it is an LLC in a community property state, no partnership return is required. everything gets split 50/50. each files their own schedule C
if it is an LLC in a non-community property state a partnership return is required (1065). it issues a k-1 to each of you.
