What's the best way to handle this? >> "Business Owned by Married . Normally 2 people who own a busn need to file a partnership return. Since you're married you won't need to do that if you split your busn income & expenses between you and report them as separate businesses." It then tells me to create a sched C in the hubby's name (enter all income and expenses for the hubby) and then to create a new sched C in my name (enter all income and expenses for me), making sure that the busn description is different than the other sched C. Is this how you'd all handle this?
This is the first time I've seen this, after all the research I'd done on this.
**Also-- I have TT Premier. Will it work properly for this type of tax return filing??**
