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New Member
posted Oct 30, 2019 6:49:29 PM

Qualified joint venture

Is there any extra steps to take in Turbo Tax when filing a separate Schedule C and SE for a Qualified Joint Venture..

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1 Replies
Level 15
Oct 30, 2019 6:49:31 PM

When you do your tax return, you will say that you have a partner and how much is your share in %.  All the software needs is the name of the partner.  You will enter the full amount, but then the software will calculate your share on the form T2125.  Same for the expenses.