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May 26, 2025
Question

Filing jointly annualizing only one spouse income

  • May 26, 2025
  • 1 reply
  • 0 views

My spouse earns a W2 by I am self employed in a seasonal business.

 

We would like to file jointly, but are unsure if it is possible to annualize just the self employment income when filing jointly, or if we will have to include the normal employment income in the 2210 form as well?

 

Also, can TurboTax handle this for our return? 

1 reply

May 26, 2025

you cannot annualize just one taxpayer's income when filing jointly. you would find the 4th quarter of the AI which Turbotax would do automatically reflets both taxpayers. 

 

also not only her w-2 income and your se income but also other items of income and deductions. 

 

you also have the option of using her actual withholding for each period or 1/4 of the total for the year.