turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mashantam
New Member

How do you show a 50/50 ownership?

of a small business
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

How do you show a 50/50 ownership?

Typically, two or more individuals who are materially participating in a small business have a de facto partnership.

 

Is there any kind of entity involved here, such as an S corporation? Are the two individuals married to each other and if so, in which state do they reside?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies