QVJ and 1099-NEC 50% split on 2 schedule C

[alira72]

Qualified Joint Venture (Q J V) -How do I reconcile a single 1099, on separate self employed schedule C's for me and my wife?

Thanks

Alina

[CesarJ · Accepted solution]

Do not enter the 1099-NEC directly. If you enter it directly, TurboTax may assign the entire income to one spouse. You must manually enter the income from each spouse on a separate Schedule C. 

To allocate the income in TurboTax for a QJV follow these steps:

1. In TurboTax, go to the Wages & Income Section and click on Self-Employment.
2. In Self-Employment, click Start and continue through the interview.
3. Click Looks Good.
4. In the "Let's enter your income for your work" screen, select Other Self-Employed Income and click Continue.
5. Enter the amount of income allocated to the first spouse.
6. Repeat Steps 1 to 5 for the second spouse

[alira72]

Thank you for your replay Cesar!

Follow up question:

Do I split each 1099-NEC equally for each spouse? The 1099's are only in my name and the program is asking for the payer EIN when if I enter 1099 for my wife. How will that be reconciled with the IRS, since they will get the 1099 with the full amount and my name only?

[CesarJ · Accepted solution]

Yes, the business income must be divided according to the ownership structure. Utilizing the previously outlined steps to enter the total business income will correctly account for all Form 1099-NEC earnings on the return, which will successfully prevent a reconciling issue with the IRS.

(Edited Feb. 2, 2026 12:13pm PST)

@alira72