My wife is the sole member of an LLC. I am not a member. I was told that a single member LLC is not required to file a separate business and personal return. If that is the case, how is this affected if we file a joint return? Prior to starting the LLC, we always filed our personal returns jointly. Are we still able to do this with the business portion included? I receive a W2 from my employer. Is there any benefit to filing separately vs. jointly?
