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S Corp with publicly traded stocks
I just started my tax return for my S corp using Turbo Tax Business. I've done this for years -- perhaps incorrectly. One of the first question is about "Entities Owned". For the past couple of years, the S corp has owned publicly traded stock in a portfolio held by Fidelity. How should I answer the question if the corporation "ownership interest in the following entities" -- one of them being Domestic and Foreign Corporations?
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‎February 17, 2026
8:49 AM