I beliebe this answer is wrong. In a husband and wife "comunity" LLC, the husband and wife do not have "separate" income and expenses. Separating the income and expenses in half to create two separate schedule C can produce unwanted consequences (cost basis of inherented property, pass through of LLC property after dead of one of the members, actual ownership of the LLC, etc). Intuit has to change the Turbo Tax Home and Business program to include the "husband and wife LLC in a community property state" as a disregarded company. I talked for near an hour with two persons at Intuit about this problem and could not get a proper answer at this problem. I think that using two separate Schedule C may be used in the future to challenge that the property is actually "comunity property". Perhaps it may be good to consult a lawyer about this.
