mrrickyg
New Member

Late 2018 I formed a partnership. Under the name of the partnership I did 2 jobs. Biz partner wants me to report it all personally. Can I legally use a schedule C?

In November 2018 I formed a partnership and obtained a FEIN. Under the name of the partnership I did two small jobs, one for $500, the second $75. The money was paid out to the partnership but I did all the work, expense and took all income which ultimately resulted in a loss but it helped to get the name of our business out there for the purpose of getting jobs in 2019.

My business partner does not want this to appear on their taxes as they did not actively participate or provide any resources related.

Can I legally report this personally on a schedule C? If the answer is no how can I differentiate the reporting for one partner to have zero and the other to have a loss?