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Returning Member
posted May 7, 2021 4:21:23 AM

Multiple K-1120S

Hello,

 

I have three separate K1 from three separate S Corps that are owned by one holding company that is an s corp I am attempting to figure out how to aggregate and or enter all three K1 information into the one holding companies k1

Just for information purposes I am the sole owner of the holding companies SCorp and the holding company is the sole owner of each of the three S Corps.

 

 

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1 Replies
Level 15
May 7, 2021 7:08:11 AM

You might want to seek professional tax guidance for this matter.

 

Specifically, investigate making a QSub election.

 

See https://www.thetaxadviser.com/issues/2012/aug/casestudy-aug12.html