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Get your taxes done using TurboTax
Yes, you can seek the protection of a Limited Liability Company (single member) and file a joint return. You would get an EIN and run the business that way. You can file your taxes for a single member LLC on the Schedule C of your form 1040 that you file with your spouse. If you decide to incorporate, you will have to do a separate tax return for the business.
Just a word of caution, please check with your state to see if there are specific rules regulations and fees for your LLC.
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‎November 16, 2022
10:05 AM