How do i transfer ownership in an s corp? Owner at beginning of year owned 100% and in February he transferred 60% to his wife and and 20% each to his two sons
How do i transfer ownership in an s corp? Owner at beginning of year owned 100% and in February he transferred 60% to his wife and and 20% each to his two sons
Click on the "where do I enter button" and enter ownership allocation. You may also need to prepare a couple of gift tax returns.
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