Schedule C for wife and husband

bk4 — Sat, 01 Jun 2019 00:48:11 GMT

My wife and I are doing Uber and filing taxes jointly, should we file two scheduleC's or can we file one joint schedule C since we are filing jointly. Also, we are using 2 cars for business. please help me to get out of this

Mr. Kondamuri, you will need two separate schedule -C o...

pk — Sat, 01 Jun 2019 00:48:13 GMT

Mr. Kondamuri, you will need two separate schedule -C only because as self-employed you each need to pay SECA ( a 15.3% of most of your net income for Social Security and Medicare ) to your individual accounts. You can use your own names as name of business , your home as your business address ( don't forget home office deductions ). Turbo will walk you through the sequence -- just make sure that you have receipts for all incomes and expenses. Good Luck

topic Schedule C for wife and husband in Business & farm

Schedule C for wife and husband

Mr. Kondamuri, you will need two separate schedule -C o...