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S Corp Number of shares held

I'm being asked the number of shares I hold.  S Corp, only employee.  Do I say 1? 100? 1000? Does it matter? I'm not sure what it even means.  I know I'm the only shareholder, but I don't know what these 'shares' are. 

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1 Reply
RobertB4444
Expert Alumni

S Corp Number of shares held

Does not matter what number you enter for the 'number of shares' as long as you enter that you own 100% of the company.  

Shares are just pieces that you cut your company into in order to sell parts of it to others.  Since you aren't selling any pieces to anyone how many pieces there are doesn't matter.

 

@Plarka 

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