QSub
QSub
DEFINITION
A Qualified Subchapter S Subsidiary, also known as a QSUB or QSSS. An S corporation that's owned by another S corporation. The QSub is treated as a subsidiary of the parent S corporation. Only the parent S corporation owes a tax return to the federal and state government. To create the QSub, the parent S corporation. makes a "qualified subchapter s subsidiary" election using a form 8869 by March 15 of the first year the parent S corporation wants to treat the subsidiary as a QSUB.
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Terri J Lee S.
Arizona Member
I originally joined LegalShield because I wanted to get my will completed. However, I have kept my membership because of the value it provides. I feel good knowing that if I have a legal question or if I need help with a legal document, I can contact LegalShield. I would highly recommend this company, and in fact, I have referred some of my friends and family members
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