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 May 31, 2019 11:37:47 PM

I’m a sole proprietor my wife has full time job should i file a jonit tax return or separate we have two kids one is 15 and a 18 year old both live at home full time.

0 1 677
1 Replies
New Member
May 31, 2019 11:37:47 PM

Married filing jointly is usually the best option for a married couple because you get the lowest tax rates, the highest standard deduction, and the best tax benefits. Additionally, if you file separately, some tax benefits will not be available to you and the value of other benefits will be reduced. Please refer to the following FAQs to learn more about your filing status options. https://ttlc.intuit.com/replies/3288477https://ttlc.intuit.com/replies/4775330