So, @mary, I realized I left out the part that we live in a community property state, so our LLC is considered the same as a SMLLC and is disregarded as LLC. This makes a huge difference in reporting.
"The IRS has issued a special rule applicable to LLCs owned by married couples who live in community property states. Under this rule, a married couple can treat their jointly owned business as a disregarded entity for federal tax purposes if:
- the LLC is wholly owned by the husband and wife as community property under state law
- no one else would be considered an owner for federal tax purposes, and
- the business is not otherwise treated as a corporation under federal law.
In most cases, this would mean that the spouses would file a joint tax return (with the general tax savings that come with such a return), and include with that return a Schedule C, and any other relevant schedules (Schedule SE, Schedule E, and so on), for their business. For all practical (tax) purposes, they would prepare their taxes as though their LLC were an SMLLC. This includes same-sex couples who are legally married under state law."
Since, our LLC is looked upon as a SMLLC and is disregarded as a multi-member LLC for tax purposes, we have always filed jointly using the Schedule C (and whatever else forms we needed for the tax year). I found something on intuit, but can't find it right now, that basically states the same as above and mentions just using the SSN's of the taxpayers, so our statement of de minimis is going to have the same tax payer info as the return.
Thanks @MaryK4 for your help-sorry I wasn't clearer from the start.
