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I have a question. We have a massage center (the owner's name is mine) and rental property owned by us, but we both materially participate 50/50% in the business. When we registered our massage center business, we just put my name as an owner. We usually make more income from the massage center, so can we file the massage center's income and expenses for my wife? To file the massage center's income for my wife, do we need to make a change for the owner's name with the state? How do we file 15/85?
March 7, 2024
6:44 PM