Business & farm

with a partnership generally form 1065 would be require (Turbotax Business for the 1065 either online or desktop versions but desktop is only available for users of Windows 10 or above) to be filed to report and split the income between the partners.  I think you need guidance in this matter so consult a tax professional before the end of 2024. things can be done in 2024 but once 2025 arrives it may be too late.  A 1065 is due by 3/15 of the following year. Late filing penalties can be around $200/month/partner.