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Get your taxes done using TurboTax
Not sure what you mean by "split between spouses." If you file a joint return all of the combined income from any source goes on the same return. But if you each have self-employment income then each of you needs your own schedule C for your own business expenses. Was each of you self-employed? If so, then you need to prepare a Schedule C for each spouse, and each of you must pay self-employment tax for Social Security and Medicare.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
May 10, 2023
6:22 AM
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