The solo shareholder for my s corp is a QSST trust does it need a seperate ein or does my SSN count for ID Number on Schedule K-1.
Schedule k-1 shareholder id number wants xx-xxxxxxx but my SSN is xxx-xx-xxxx. produces error message for return based upon selection of T for Trust needing tin or ein formated number
011363
1 Best answer
Anonymous_
Level 15
Jun 5, 2019 10:22:01 PM
"...does it need a seperate ein..."
It pretty much does need a separate EIN. See Treas. Reg. §1.671-4(b)(6)(iii)
[Note: you should consult with tax and estate planning professionals for this type of structure]
1 Replies
Anonymous_
Level 15
Jun 5, 2019 10:22:01 PM
"...does it need a seperate ein..."
It pretty much does need a separate EIN. See Treas. Reg. §1.671-4(b)(6)(iii)
[Note: you should consult with tax and estate planning professionals for this type of structure]