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How do I transfer the stocks I personally own to my S corporation?
Posted by
Eric LeRiche |
May 2, 2010 .
PatoJAM asked:
I own about 30,000 worth of stocks with eTrade.
Since the taxation is very high each time I make profit, I would like to transfer all my stocks to the S corporation that I own.
I own about 30,000 worth of stocks with eTrade.
Since the taxation is very high each time I make profit, I would like to transfer all my stocks to the S corporation that I own.
How to make this transfer happen?
Pierre gagnon
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Your S-corp is a disregarded entity. You STILL pay the same EXACT taxes whether you sell the stock or the S-corp sells the stock.
Not sure why you ask such an important question on a blog… Since you have a company yo better ask your accountant…
JMHO
Eric$