qbteachmt
Level 15
04-04-2023
01:11 PM
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Perhaps you are trying to describe a Qualified Joint Venture? See this IRS reference:
But that is a mistake.
"A qualified joint venture, for purposes of this provision, includes only businesses that are owned and operated by spouses as co-owners, and not in the name of a state law entity (including a limited partnership or limited liability company)"
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Don't yell at us; we're volunteers