Effective Dates: 09/15/1997 - Present Previous | Next

RS 01802.324 Sharing of Profits and Losses

A. OPERATING POLICY

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    Customarily, in a predetermined amount.

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    Normally in proportion to their contributions.

B. OPERATING PROCEDURE

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    May be assumed in husband/wife businesses unless there is evidence to the contrary.

To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0301802324
RS 01802.324 - Sharing of Profits and Losses - 09/15/1997
Batch run: 07/03/2014
Rev:09/15/1997