After filling IRS form SS4 for , existing stockholders decides add one more stock Holder What needs to be don
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After filling IRS form for an 'S' election on timely basis & after Federal & state's approval for an 'S' status, the existing two eual stockholders, decided to give part of their sahres to a new investor, who becomes a shreholder of an previously approved 'S' corporation. What the corporation needs to file with IRS & state of NJ ?
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Answer:
Read the instructions for the 2553, not the SS-4.
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