Do records of a dead mans business need to be kept by his widow even if she was not an owner?

johnbaker49 — Thu, 06 Jun 2019 14:00:02 GMT

If so. How long after death?

Maybe. If your husband was a sole proprietor and his bus...

KittyM — Thu, 06 Jun 2019 14:00:05 GMT

Maybe. If your husband was a sole proprietor and his business income and expenses were reported on your return via Schedule C, or a K-1 from a Sub-S Corporation owned just by him, you need to keep the information for a minimum of 7 years.

If there are other partners or owners remaining, they should store the business records as they may need access to the information in future.

topic Do records of a dead mans business need to be kept by his widow even if she was not an owner? in Business & farm

Do records of a dead mans business need to be kept by his widow even if she was not an owner?

Maybe. If your husband was a sole proprietor and his bus...