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How does a couple file taxes when a wife has a LLC with a loss this year and the husband works for a company as well as does contract work?
Wiki User
∙ 16y ago
Assuming the wife has a single-member LLC, she will file a Schedule C with their joint 1040 for her business. The husband will file a Schedule C of his own for the contract work. If he had a net profit, he will also fill out Schedule SE to calculate his self-employment tax. His W-2 will be reported normally as wages on line 7.
Wiki User
∙ 16y ago
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You cannot file income taxes together unless you are married?
I am not a lawyer but before we got married, my husband and I, filed taxes together as a living together couple.
Where can a married couple file taxes for free?
There are a couple of ways that you can file your taxes for you and your husband free. Some local churches and other non profit organizations offer free tax preparation to the public and low income families. Also, there are websites, such as, http://www.myfreetaxes.com/ will do your taxes free, if you qualify.
What other fees apply when you signed a contract with verizonbesides activation fees and taxes?
The contract should detail all fees, charges, rights, and responsibilities. If it fails to do this then contact the company and ask relevant questions
Your husband is in prison can you claim him on your taxes?
Yes, you can still claim your husband as a dependent on your taxes if he meets the criteria for a qualifying relative. However, if he is serving time in prison, he may not meet the residency requirement for being considered a qualifying relative. It is recommended to consult with a tax professional for specific advice in this situation.
If a seller in contract agrees to pay all taxes until sale can they make buyer pay taxes instead?
No. The seller must honor the contract.
How can you find out if your husband is filing his taxes?
Your husband would have to be the one that would have to tell if he is filing his income taxes or show you his copy of the one that he is supposed to have filed.
husband and wife live together but file separately. both are itemizing deductions. husband pays mortgage and r/e taxes. house in both names. does the mortgage interest and r/e taxes have to be split if all paid by husband or is husband entitled to take ?
“husband and wife live together but file separately. both are itemizing deductions. husband pays mortgage and r/e taxes. house in both names. does the mortgage interest and r/e taxes have to be split if all paid by husband or is husband entitled to take full deduction.”
I don't work and don't have a checking account my husband is the only one on the house note when we file taxes can a credit card company garnish our taxes if its my credit card?
no, a credit card company can not garnish your taxes only a federal or state entity can. The CC company could have a lien placed on something of value, so that when that item (house, boat, car, motorcycle, furniture, etc) is sold, they are paid first from the proceeds.
My husband was gifted a family business but I paid taxes on it from filing jointly can that make it mariatal property then?
it is your husband's
What document did not include a president or plan for collecting taxes?
My employment contract.
What is difference between company and non-company in direct taxes?
Company and non company
Will you get in trouble for claiming your husband on your taxes?
I believe you will be fine, as long as your husband is not claimed by anyone else including himself.
