topic I opened a new business this year and am co-owner to an s-corp. we opened in August, and the other time I worked for an employer. Do I file jointly still, or separately? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/974809#M35352 Sun, 05 Jan 2020 22:24:47 GMT kitgrl81 2020-01-05T22:24:47Z I opened a new business this year and am co-owner to an s-corp. we opened in August, and the other time I worked for an employer. Do I file jointly still, or separately? https://ttlc.intuit.com/community/business-taxes/discussion/i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/974809#M35352 Sun, 05 Jan 2020 22:24:47 GMT https://ttlc.intuit.com/community/business-taxes/discussion/i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/974809#M35352 kitgrl81 2020-01-05T22:24:47Z Re: I opened a new business this year and am co-owner to an s-corp. we opened in August, and the other time I worked for an employer. Do I file jointly still, or separately? https://ttlc.intuit.com/community/business-taxes/discussion/re-i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/974814#M35353 <P>You should still file as Married Filing Jointly on your personal tax return.</P> <P>&nbsp;</P> <P>&nbsp;</P> Sun, 05 Jan 2020 22:33:13 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/974814#M35353 DoninGA 2020-01-05T22:33:13Z Re: I opened a new business this year and am co-owner to an s-corp. we opened in August, and the other time I worked for an employer. Do I file jointly still, or separately? https://ttlc.intuit.com/community/business-taxes/discussion/re-i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/975040#M35365 <P>Since the S-Corp has to file it's own physically separate IRS Form 1120-S tax return and issue all owners a K-1 for each owner to use for completing their personal 1040 tax return, how you file your personal 1040 return is irrelevant and doesn't matter.</P> <P>Though do keep in mind that for a married couple to file separate is nearly always the most costly way tax-wise for a married couple to file.</P> <P>&nbsp;</P> Mon, 06 Jan 2020 04:32:33 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-i-opened-a-new-business-this-year-and-am-co-owner-to-an-s-corp-we-opened-in-august-and-the-other/01/975040#M35365 Carl 2020-01-06T04:32:33Z