IRS Form 8869 - Qualified Subchapter S Subsidiary Election

If you own an S corporation that has a subsidiary taxed as a C corporation, you can file an election to treat the subsidiary as a qualified Subchapter S sub.

Once the election is made, the subsidiary is effectively treated as a disregarded entity and all of the assets, liabilities, income & expenses are reported directly on the Form 1120S tax return.

Purchase our tax guides and tutorials here:
https://gumroad.com/jasondknott
https://www.udemy.com/user/jason-knott-2/

Check out our website for more posts:
https://www.lawofficesofjasonknott.com/blog/

Need more help? Schedule a consultation:
https://calendly.com/jason-knott

#IRS #Taxes #Form1120S #Scorporation

Follow Jason here:
Twitter: https://twitter.com/jasondknott
Instagram: https://www.instagram.com/jasondknott
TikTok: https://www.tiktok.com/@jasondknott
LinkedIn: https://www.linkedin.com/in/jason-d-knott/
Patreon: https://www.patreon.com/jasonknott
Quora: https://www.quora.com/profile/Jason-Knott-17