topic My husband owns 0.019% of stock in the company that he works full time for. Do we say then that he &quot;materially participates&quot; in the business? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/my-husband-owns-0-019-of-stock-in-the-company-that-he-works-full-time-for-do-we-say-then-that-he/01/592307#M240965 Thu, 06 Jun 2019 00:24:51 GMT cljc1234 2019-06-06T00:24:51Z My husband owns 0.019% of stock in the company that he works full time for. Do we say then that he "materially participates" in the business? https://ttlc.intuit.com/community/taxes/discussion/my-husband-owns-0-019-of-stock-in-the-company-that-he-works-full-time-for-do-we-say-then-that-he/01/592307#M240965 Thu, 06 Jun 2019 00:24:51 GMT https://ttlc.intuit.com/community/taxes/discussion/my-husband-owns-0-019-of-stock-in-the-company-that-he-works-full-time-for-do-we-say-then-that-he/01/592307#M240965 cljc1234 2019-06-06T00:24:51Z No, he doesn't materially participate unless he has a sig... https://ttlc.intuit.com/community/taxes/discussion/no-he-doesn-t-materially-participate-unless-he-has-a-sig/01/592309#M240967 <P>No, he doesn't materially participate unless he has a significant say in how the business is run. If he's just an employee, then he doesn't make those high level decisions. <BR /></P> Thu, 06 Jun 2019 00:24:52 GMT https://ttlc.intuit.com/community/taxes/discussion/no-he-doesn-t-materially-participate-unless-he-has-a-sig/01/592309#M240967 Carl 2019-06-06T00:24:52Z