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Level 1
December 7, 2019
Solved

Gifting stock in a sub s on july 1 2018 do i have to do two returns for that year

  • December 7, 2019
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Best answer by sjrcpa

No. Just enter the new shareholder info and change of ownership info in the software, It will do the pe share per day calculation to generate the K-1s.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

No. Just enter the new shareholder info and change of ownership info in the software, It will do the pe share per day calculation to generate the K-1s.

The more I know the more I don’t know.