How to File Tax Return for a Holdings Company that controls an S-Corp.

[george7814]

What form does one use to file a tax return for a Holdings Company?

The Holdings Company is an LLC and currently controls a S-Corp (1120s).

Had the operating company had been a C-Corp 1120, the correct form to use would be Schedule PH, but since it is an 1120-S, I am asking to see if anyone has the answer. Thanks!

[sjrcpa]

Is the Holding Company a Single Member LLC?

And the single member is an individual?

What do mean by controls S Corp?

How much of the S Corp does the LLC own?

[george7814 · Accepted solution]

No, the Holdings Company is a multi-member LLC. 

Yes, both members are individuals.

The S-corp is the operating company, the other is the holding company. 

50%.