conniem123
Expert Alumni

Self employed

You do want to consider the qualified joint venture, which would allow you each to have credit for social security earnings on which retirement income is based.

 

If you classify your wife as an employee , she will earn retirement benefits through the payroll system.

 

Here is a great article as you consider both options.

https://www.irs.gov/businesses/small-businesses-self-employed/married-couples-in-business

 

Hope you find this information helpful!

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