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State Form 48969

State Form 48969

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Quick guide on how to complete state form 48969

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Video instructions and help with filling out and completing State Form 48969

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Instructions and help about State Form 48969

hey there youtube so in this video i wanted to cover irs form 8869 this is a form that you filed to elect to treat a subsidiary any of your group as a subchapter s sub okay so uh the form is relatively straightforward just a few kind of key points to highlight here first thing we want to do is look at an example of a structure chart where this this issue might arise so over here we have a parent s corporation this is an llc it's a delaware court but it filed an election to be treated as an s corp right so it filed at 25.53 it got the election approved and then later on what they did was they set up a couple of subsidiaries here they own 100 of them they have a an llc here line of business three and then another line of business too and these are llc so for those of you familiar with these rules when you have an llc that's owned by one person or one entity it's automatically treated as a disregarded entity so these two entities on the side here they just because

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