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Retirement tax questions
By participating in your spouse's company, attribution rules for controlled groups might require the two companies to be treated as a single employer for the purpose of a retirement plan. I think that such would be the case if you were an employee of your spouse's company but perhaps not is you are an independent contractor with respect to your spouse's company. Whether your are an employee or an independent contractor depends on facts and circumstances related to your responsibilities.
‎August 15, 2024
4:15 PM