My wife and I split the income and expenses 50/50 for our business. On a 1099-MISC, they used her SSN. Do I enter half for each of us or must it all go to her?

[user55454]

The wife and I own a business 50/50. We split the income and expenses on two Sched C's. One 1099-MISC we received has the business name and her name and uses her SSN. Another 1099-MISC has only her name and uses her SSN. Can we split both of these 50/50 or do they have to go on only her Sched C? We do not have an EIN.

[DDollar · Accepted solution]

You can split the amount on the 1099 with her social security number.  Report the 1099-MISC on each Schedule C using half the amount on the 1099.