Unless you live in a community property state, it is not legal to file 2 schedule C’s for a multimember LLC, even if the two members are spouses. You must file a separate partnership tax return. Your LLC’s tax return was due March 15, not April 15, and unless they extended the deadline for partnership returns as well, the penalty for late filing is $195 per month per member.
Since you can’t deduct business mileage on a personal tax return in most cases, if you are filing a partnership tax return for a multimember LLC, it will be more beneficial for the LLC to adopt an accountable expense plan and reimburse your legitimate business expenses rather than putting them on your personal tax return.
If you do live in a community property state, you have the option of treating a LLC were the only two members are spouses, as if it was two separate disregarded entity’s, each on a schedule C. You must split the income and expenses exactly 50-50. Again, it will be better to treat your expenses as it reimbursed business expenses under an accountable expense plan, presuming you do the documentation to keep everything straight in case of an audit.
