Thanks very much. That was an excellent answer. I'll follow up with a tax pro as I'm trying to juggle a handful of eggs.
I'm and LLC, but you may be right about SCorp anyway.
I'm built like a roach, so my copays are painfully close to zero, but my wife has a chronic cancer, multiple myeloma, which means DEA schedule 2 palliative care and insurance tier 4+ meds. She easily hits her insurance max every year for copay.
She also has zero income years in the last 30 years, so I've wondered whether I can employ her and replace some of the zero income years with positive income years and raise her social security benefit. Since the 30 years are on the SSA website, a rough calculation of impact can be made - just not all the inflation fudge factors that SSA uses to calculate benefits. Rough estimate.
A legitimate job is no problems, buy all the other cost impacts do have to be covered. Thanks for the advice, especially about just tossing this whole bag into a tax expert's lap.
