What do sole proprietors and independent contractors put for ownership percentage? Jack McNeilly April 14, 2020 18:55 Your ownership percentage is how much you own of the company. This would be 100% if you’re the sole owner. Related articles Do sole proprietors and independent contractors need to use a different application? Do I need a business bank account for the 6 months of bank statements to apply for the PPP? As a sole proprietor or independent contractor, I don’t have forms 940 or 941. What should I use? What is my ownership title if I am an independent contractor? As a sole proprietor or independent contractor, I don’t have a voided business check. What should I use? Comments 0 comments Article is closed for comments.