STSublime1
Returning Member

Sole-Proprietor LLC and hired my wife as an independent contractor

I am a sole proprietor of an LLC and hired my wife as an independent contractor for the last 6 months of 2021. I issued her a 1099-NEC based on the invoices and payments I made to her from the business. I itemized the amount as a contract labor expense on my business deductions in TurboTax. I also entered the 1099-NEC income on the personal income portion of our taxes as my wife's income.

 

I feel like my tax obligation seems higher than it should and am worried I'm getting double-dipped somewhere on the self-employment taxes.

 

Anyone know what I should be double checking and/or what can be done if my assumptions are correct?