Business & farm


@Lloyd2 wrote:

i dont qualify for the QJV because i dont live in a community prop state im in FL also the operations are incorportated via llc and that QJV is for married couples operating a business unincorporated :(


You are correct; if you operate in the form of a state law entity, such as an LLC, you do not qualify for QJV treatment and will have to file a 1065.