I’m not sure why it’s necessary to quibble over the term “qualified entity“, or “qualified joint venture“. The end result is the same. If in a community property state, the two spouses who own an LLC may file 2 schedule C’s that each report half the business income and expenses.
I do not believe it is correct or appropriate to file as two separate businesses (which would require 4 schedule C’s) just because the spouses are doing two sets of business activities as DBAs under the same LLC. If the business activities are so separate and distinct that they can’t be listed as a single business, then the spouses need two different LLC ‘s. If the activities and expenses are similar enough to be run under 1 LLC, then it doesn’t matter if they use two different DBAs.
