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patmag
Level 3

Business shareholder information updated

Hello. My spouse is a S Corp owner and I own a small portion of the shares. I had an ITIN when the business was formed, in the middle of 2019 I received a SSN. 2018 tax return was filed with my ITIN. Should we submit any form stating that shareholders information was updated? Should we file 2019 tax return with both ITIN and SSN?

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RobertG
Expert Alumni

Business shareholder information updated

If you are talking about your personal return, you have to file it with an SSN.

 

If you are talking about your K-1 from the S-Corp, you should issue it with the SSN.

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1 Reply
RobertG
Expert Alumni

Business shareholder information updated

If you are talking about your personal return, you have to file it with an SSN.

 

If you are talking about your K-1 from the S-Corp, you should issue it with the SSN.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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