Welcome back! Ask questions, get answers, and join our large community of tax professionals.

S corp mod screen 2 shares owned

cancel
Showing results for 
Search instead for 
Did you mean: 

S corp mod screen 2 shares owned

accoun5

S corp mod screen 2 shares owned needs to say "shares directly owned" as there isn't an attribution box. Husband owns 100% S Corp and employees his wife as officer. I would think that for the 1125-E for a community property state, if a wife is an officer and we disclose her comp, her shares owned are "zero." Under attribution, she owns 100%. However, there isn't a box for constructively owned shares. So there should be a diagnostic or rewording saying "shares directly owned" as there is in the C Corp module.

Thanks for the idea. We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

Status: Open for voting
0 Votes
Vote now if this is a good idea
1 Comment
IntuitGabi
Community Manager
Community Manager
Status changed to: Open for voting

Thanks for the idea. We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

Post comment