- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
There are only a few community property states so there aren't many qualified joint ventures. You file a married filing joint return with two sch C. The IRS can figure out the income is under your name and showing on both returns. That isn't a problem.
The program should split everything for you. If it refuses, you can make the 2 sch C forms and split everything. All the ones I handle, the income is always in one name -never had a problem.
Reference:
Election for married couples unincorporated businesses
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 22, 2025
9:41 AM