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Self employed
If you are operating your business with your wife as a partnership (and not as members of an LLC), then you should be able to elect to be treated as a qualified joint venture, which obviates the need to file a partnership return (Form 1065).
A qualified joint venture is a joint venture that conducts a trade or business where (1) the only members of the joint venture are a married couple who file a joint return, (2) both spouses materially participate in the trade or business, and (3) both spouses elect not to be treated as a partnership.
‎October 27, 2021
9:24 AM