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

ral1645
Level 1
 
Rick Lapinski
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sjrcpa
Level 15

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.

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sjrcpa
Level 15

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.
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