2416489
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Does Board member of S-corp can do an investment

Does Board member of S-Corp can do an investment in the same and be a partner? If so, will they get K-1 schedule?

 

Thanks

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Does Board member of S-corp can do an investment

S corporations have shareholders, not partners. 

 

Regardless, the corporation issues a K-1 to each shareholder.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question