My income was significantly reduced last year, and I started a business. No profit so far. Should I file jointly or separately? My wife didn’t work.

[omegapsi]

Just want best option

[VolvoGirl · Accepted solution]

 Joint is almost always the best way to file especially if your spouse doesn’t work.  So you get an exemption for her.  If you are self employed you file a Schedule C in your personal tax return for it.