Sub "S" to Add Shareholder
From TaxAlmanac
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Form 2553 need only be filed when the corporation originally elects S Corporation status. There is no requirement to file the form again when shareholders are added or dropped from the S Corp.
You may want to review the 2553 instructions to be sure your new shareholder is an eligible S Corp shareholder.
Posted by: DaveJohnson Responded to on: June 29, 2005
