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Gifts from S-Corporation
Can an S-Corporation make a gift of appreciated stocks to an individual without triggering capital gains? I know if it is a distribution, that would be deemed a sale by the IRS, but could the assets be gifted and the FMV of the gifted securities flow back to the shareholder's gift tax return? In this scenario, it is a single member LLC and the gift would be made to the owner's spouse.
‎June 27, 2019
10:58 AM