My husband and I filed jointly last year. We each had w-2's to report as well as 1099's and cash income as a result of a sole proprietary new business. This year, we both have w-2's and the same sole proprietary business plus another 1099 to report as a result of another new sole proprietary business. Are we able to file jointly again combining the profit/loss from both businesses 1040 line 12 assuming we include separate Schedule A's, Schedule C's, and Schedule SE's for each business? Or... do we need to file seperately and if so how? Please help, as your assistance will be greatly appreciated!!! Thank you in advance...
2007-02-24
03:14:01
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5 answers
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HELP!!
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