3618902
If a C-corporation owns another company's stock through brokerage firms (such as Fidelity and IB) where do you report those stocks owned in the balance sheet? And are there any other reporting requirements, tax wise?
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Yes. If a C-corporation owns stocks through brokerage firms like Fidelity or Interactive Brokers (IB), those stocks are typically reported on the balance sheet under "Investments" or "Marketable Securities", depending on the classification.
Additional Tax Reporting Considerations
Yes. If a C-corporation owns stocks through brokerage firms like Fidelity or Interactive Brokers (IB), those stocks are typically reported on the balance sheet under "Investments" or "Marketable Securities", depending on the classification.
Additional Tax Reporting Considerations
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