6. Jim and Jill jointly own and operate a consignment and collectibles shop. They are married, file a joint return, and both materially participate in the business. They are considering whether to be treated as a partnership or a qualified joint venture (QJV). For the first year of operation, the shop had gross sales of $100,000, Cost of Goods Sold (CGS) of $35,000, and other expenses of $67,000. Select the reporting form(s) received and the form(s) used to report the partnership results on Jim and Jills joint return.

a) No reporting form, separate Schedule Es

b) Separate Schedule K-1s, separate Schedule Es

c) No reporting form, separate Schedule Cs

d) Separate Schedule K-1s, one Schedule E