Oh Baby! Posted January 28, 2009 Report Share Posted January 28, 2009 Can someone give me info on how to file a combined corporate return for multiple S Corps that have common ownership. I don't need all the details right here. Can someone just point me to the correct IRS publication? Thanks! Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted January 29, 2009 Report Share Posted January 29, 2009 Start with Pub 542. Of course, to file a consolidated return, you would need each of the subsidiary corps to file an 1122. But I am not at all sure that is really what you need to do. Just because they have common ownership does not mean that they automatically have to file a consolidated return. Quote Link to comment Share on other sites More sharing options...
OldJack Posted January 29, 2009 Report Share Posted January 29, 2009 Like KC says, "I am not at all sure that is really what you need to do". I would file each S-corp separate to maintain good accounting and tax filing. Quote Link to comment Share on other sites More sharing options...
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