Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 3, 2025 3:09:17 PM

1st Timers

Hi. I have a quick question and I hope I'm able to present it clearly. My wife and I got married last year and this is our first time filing together.

 

She is part owner of her own business (with 1 other person) and every year they drop off their taxes to an accountant together. 

 

Because we are filing jointly - My question is: Does she need to complete her taxes simultaneously with her business partner, or can they file separately?

 

Any insight would be helpful as we are unsure.

0 1 683
1 Replies
Expert Alumni
Feb 3, 2025 3:35:27 PM

It really depends on how they file the business return.  If it is a partnership or S Corp return, you would have to wait for the Schedule K-1 to complete your return.