You will complete a Schedule C based on each partner's share.
You can just add up the total income and report that as 'General Income', based on each party's share. For example, if all income totals $1000; based on the information above, you would enter $500 for yourself and $500 for yourself. Otherwise, you're creating 1099s that do not exist.
See the following IRS documents for more information:
Husband and Wife Business
Election for Husband and Wife Unincorporated Businesses
