1st Timers

[Bbell223]

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.

[MaryK4]

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.