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Salaried Spouse (W-2) and Self Employed Spouse
Hi,
My spouse is employed, W-2 employee, and I am considering starting a small business, where I will be the sole owner. We want to be as close to a $0 refund as possible.
Do we account for any income or losses the business generates on our W-4?
Would this be considered two total jobs on the W-4 or would it just be counted as one total job?
We typically file married filing jointly, but for our goal of receiving a $0 refund/owing, would it be better to file married filing separately?
Thank you for your assistance!
May 29, 2024
9:59 AM