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February 5, 2023
Question

For form 1099-NEC do I divide the amount 50/50 between me and my spouse we both own the Business 50/50 and got form 1099-NEC with our Business EIN?

  • February 5, 2023
  • 1 reply
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1 reply

JohnB5677
February 5, 2023

If you are filing a business return, or if you're filling a Schedule C jointly, you do not have to separate anything.  However, if you're filing Married Filling Separate, and filing schedule C's you will have to make that split.

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