gk
Level 5
03-12-2024
01:03 PM
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Hi,
I need a help. A new client he already have TWO S corp ( A & B) and started two more S corps in 2023 under existing S corps. One under A and another under B. So when i complete the K-1 work sheet i have to add existing S corp Name and select O for entity type right?. Also can i add his name as an officer or add existing entity name. Kindly advise.
GK
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cdeems
Level 1
03-21-2024
12:14 PM
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I have an S-Corp client that opened up an LLC with two other corps as owners and they elected S-Corp Status. No clue who advised them or why they did this, but do you know what the next steps are to get this resolved?