Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Tax year 2025 individual e-filing is now open. For resources to help start your tax season check out Hot Topics here.
Tax year 2025 individual e-filing is now open. For resources to help start your tax season check out Hot Topics here.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- 1065 Question 2b on Schedule B
1065 Question 2b on Schedule B
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
JP0428
Level 1
Thursday
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If I have only 2 partners owning 50% each
Is my answer to question 2b on Schedule B Yes or No?
Labels
1 Comment 1
Intuit_Kallana
Employee
Thursday
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Since that question specifically states "an interest of 50% or more", your answer would appear to be "Yes" and Schedule B-1 would be needed. However, we would advise to refer to the IRS form instructions for definitive instructions on your client's situation.
