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Level 1
Jan 16, 2020 5:16 PM UTC
Question

Self emplyed

If i I am self employed but my wife is not and and we file together does that cover my taxes? Ofcourse if she gets enough taken out throughout the year that is.

1 reply

Level 15
Jan 16, 2020 5:42 PM UTC

If you file jointly which is generally the better filing choice, your total tax liability is the combination of her liability which you posted is taken care of by her withholding and your liability which you should cover by quarterly estimated tax withholding.