Qualified joint venture
manchesterrealty
New Member

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..

TurboTaxBrenda1
Moderator

After you file

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.