Hi,
My husband owns 2 single member LLCs that we started in 2016. I am attempting to file the taxes on my own through turbo tax which surprisingly hasn't been that hard but I do have a question. While putting everything in I noticed our refund with just our personal information (we had full time jobs at the beginning of 2016 so we did pay some taxes)is a pretty good amount and once I added the LLCs the refund amount dropped drastically. We are taking a loss of about 9,000 from both companies so I wanted to file our personal taxes seperate from our LLCs which I believe I can do and I understand the LLC would be treated as a corporation and taxed as such but how does the fact that there wasn't any income just a loss of 9,000 affect filing the LLCs seperate? Will this be in our best interest?