@Bsch4477 wrote:
Complete 2 Sch C forms splitting income and expenses with your wife. That way each of you will get credit for your social security tax payments which are part of your self employment tax. You are not sharing the home office. You claim half and she has half accounted for in your separate expenses on your separate Sch C’s.
If this is a single member LLC, they do not file 2 schedule Cs and divide the business, no matter what state they live in. They can only file as a qualified joint venture if the business is not registered as an LLC. If is it is registered as a two-member LLC, they also don't file 2 schedule Cs unless (and only if) they are in a community property state.
