My wife and her friend has a small business together but out of our home does she have to file that separately?

kingbee8618 · ‎June 3, 2019

MichaelL1 · ‎June 3, 2019

You and your wife can file a joint return even with her being in a business.

The business if not filing a separate Corporate return will be reported on a Sch C which will be part of your Form 1040.

She would report only her share of the business.

You would need to use TurboTax Self-Employed to file the return (or the downloadable TurboTax Home & Business).

MichaelL1 · ‎June 3, 2019

You and your wife can file a joint return even with her being in a business.

The business if not filing a separate Corporate return will be reported on a Sch C which will be part of your Form 1040.

She would report only her share of the business.

You would need to use TurboTax Self-Employed to file the return (or the downloadable TurboTax Home & Business).

Do you have an Intuit account?