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Self employed
Yes. I want to do it right by the book. I was being lazy because i had it set up with two forms and the totals split in half and the expert in turbo taxed asked me to remove mine and add all the full totals in my husdand's. So now I have to do it again. Not a big deal.
Last thing to mentioned is that we don't get Social Securities. We are not set up as employees. Just founders and still growing a business. So there are no salaries. Small income at this point.
This is why I was asking if it was optional or required to opt for the two forms approach which signals we are choosing the join venture. For the IRS the taxes own and refunds will no change. I think the benefit or reason to use two independent contractor forms is that it represents that we are a business working together and not just freelancers.