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Husband and Wife 1099 each and one Sch C

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    Husband and Wife 1099 each and one Sch C

    Sigh. Never mind.
    Last edited by BHoffman; 04-05-2010, 12:37 AM.

    #2
    And

    What was the question?

    Sandy

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      #3
      Client has a real estate business, reported on Sch C. In the past, Wife did not work in that business except for helping him a little with the bookkeeping.

      The client gives me a quickbooks detailed profit and loss report for the Sch C business and no 1099-MISC forms. But it now appears that wife received a form 1099-MISC in 2008, and the husband received a form 1099-MISC. Both of these amounts were reported on one Sch C under hubby's SSN and should have been split into two Sch C forms along with the relative expenses. I did not know she started working in this real estate business.

      So now I'm preparing a second Sch C for the wife, but what to do with the home office expense? I'd like to put the whole thing on Wife's Sch C because Hubby took a W2 job and she will be the only one active in the Sch C business in the future. Can I simply continue the home office under her new Sch C?

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