Welcome Guest. Register Now!  

For 2014 Tax Tips For Year 2014.

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-10-2015, 07:50 PM
Junior Member
Join Date: Feb 2015
Posts: 1
Qualified Joint Venture 1099 Income Reporting

We have a qualified joint venture where all the 1099 misc income is reported in my name and SS#. Do I enter in income from the 1099 on line 1a or 1b of both Schedule C forms for my wife and I? The income is reported in my name not hers and TT does not allow you to differentiate on the income reporting. I used an override and in the review it's telling me there are potential problems. Please help !!

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to Handle 1099's When Filing as a Qualified Joint Venture Tifkenjos Sole-Proprietorship 1 02-05-2015 09:23 PM
Amendment of Personal Joint Income Tax Return Virginia For 2013 1 04-29-2014 09:23 PM
Reporting Home Sale (Qualified Extended Duty and Rental) clobber Rental Real-Estate 3 11-25-2013 01:41 AM
Real estate venture - lose and sold HELP bwanna12 Income 0 03-13-2011 06:43 PM
Income reporting requirements? 1099's recieved only or everything? frankly122 Income 1 08-12-2009 01:42 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning