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New Member
posted Feb 9, 2020 7:11:20 AM

I own an "undivided interest" in family farmland. How do I answer ownership question?

"Were xxxx the only owners of this property in 2019?"

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1 Replies
Expert Alumni
Feb 9, 2020 7:25:47 AM

If you own a partial interest, you were not the only owners, unless you are referring to yourself and your wife on a joint return, who are the only owners.