### Question
How is the "5-percent owner" defined?


### Answer
The term **5-percent owner** is defined in *26 U.S.C. § 280F* as follows -

> any person who is a 5-percent owner with respect to the taxpayer (as defined in section 416(i)(1)(B)(i))

#### Citation:
  - *26 U.S.C. § 280F*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IX-ITEMS NOT DEDUCTIBLE**

