Question on the form: During this tax year, did the corporation have an 80%-or-more change in ownership, including a change due to redemption of its own stock?
Situation: A C-Corp was founded in 2020, and in the same year, 80% of total common stock were issued to a solo founder.
Question: Would that be seen as an Ownership change?
It's not an ownership change for a corp that was just formed and issued shares.
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