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If Both Spouses Are Owners Your options are: Partnership, with each spouse having a partnership share. Limited Liability Company (LLC), with each spouse having a membership share. Corporation including an S corporation, with each spouse as a shareholder.
Theres typically an additional tax form required on income taxes when you have 50/50 ownership. So usually the best practice is for a business to be owned by one spouse. It just simplifies taxes and theres really no reason to have both on there typically.
Overview. If your LLC has one owner, youre a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as an SMLLC. We require an SMLLC to file Form 568 , even though they are considered a disregarded entity for tax purposes.
If an LLC is owned by a husband and wife in a non-community property state the LLC should file as a partnership. However, in community property states you can have your multi-member (husband and wife owners) and that LLC can get treated as a SMLLC for tax purposes.
More In File A domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832 and elects to be treated as a corporation.

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Overview. If your LLC has one owner, youre a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as an SMLLC.
Theres typically an additional tax form required on income taxes when you have 50/50 ownership. So usually the best practice is for a business to be owned by one spouse. It just simplifies taxes and theres really no reason to have both on there typically.
Overview. If your LLC has one owner, youre a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as an SMLLC. We require an SMLLC to file Form 568 , even though they are considered a disregarded entity for tax purposes.
The straightforward answer is no: You are not required to name your spouse anywhere in the LLC documents, especially if they arent directly involved in the business.
Overview. If your LLC has one owner, youre a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as an SMLLC.

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