I have a potential Client that has a possible controlled group issue.
Facts:
2 business with the ownership as follows
Co. A Co. B
Husband 55% 55%
Wife 35% 0%
Unrelated Partner 10% 45%
Are Co. A & Co. B part of a controlled group given the wife owns 0% of Co. B?
It seems like the same 5 or fewer do not own 80% since the wife owns 0% of Co. B but I didn't know if the husband and wife are considered to be a single entitiy.
Thanks