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Business & farm
Tax Slayer Program reportedly creates separate Schedule Cs for QJV.
"
To enter a Qualified Joint Venture in TaxSlayer Pro, from the Main Menu of the Tax Return, (Form 1040) select:
- Income
- Business Income/Loss (Sch C)
- NEW
- Qualified Joint Venture - A message will display indicating the requirements for a joint venture. Select YES.
A separate Schedule C and Schedule SE will automatically be created allocating 50% of the income and expenses to each spouse."
https://support.taxslayerpro.com/hc/en-us/articles/[phone number removed]-Quali[product key removed]...
I would hate to leave Turbo Tax after 30+ years, but this would do it.
March 14, 2023
9:52 AM
1,275 Views