### Question
What does employee-owner mean?


### Answer
**Employee-owner** has the following meaning in *26 U.S.C. § 269A*:

> any employee who owns, on any day during the taxable year, more than 10 percent of the outstanding stock of the personal service corporation

#### Citation:
  - *26 U.S.C. § 269A*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IX-ITEMS NOT DEDUCTIBLE**

