ceh17
Returning Member

How do I change percentages for husband/wife partnership?

I have a partnership LLC with my husband in the state of Virginia with a 51%/49% split.  His earnings/contributions have become minimal, so I want to change the percentages to reflect this on our taxes.  I would like to do this effective January 1, 2020.  What do I have to do to make it official with the IRS?  And how do I make the change in Turbo Tax (I experimented with it on my 2019 taxes and couldn't figure it out.)