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Level 2
July 9, 2026
Question

Form 1065 question 2A and 2b constructive ownership 50% or more requirement for 50/50

  • July 9, 2026
  • 1 reply
  • 11 views

Should a Partnership of husband and wife with 50/50 spilt on a 1065 return select yes or no on question 2b and will be required to attach schedule B-1. 

    1 reply

    sjrcpa
    Level 15
    July 9, 2026

    Yes. Constructively they each own 100%.

    The more I know the more I don’t know.