Joints in corners should be filled with a strip of mesh or paper.
Filling is done just before painting. You don't want to apply hard filler over a soft and often movable latex sealant. You will get deluxe cracks.
If the new wall meets an existing wall that you don't plan to repaint or wallpaper, you should protect the old wall with tape and then fill as neatly as you can. After that, apply latex sealant before painting.