The Change in Ownership screen allows you to use a weighted-average calculation for determining shareholders' percentages. Please refer to the following information to assist with Screen 7, Change in Ownership questions.
- Entering Change of Ownership for an S Corporation (Form 1120S)
- S Corporate Diagnostic Total Allocation Factor for the Shareholders Not Equal to 100% (Ref. #25213)
- Entering Shareholders Percentage of Stock Ownership
- 1120S Entering Shareholder Property Distributions Other than Dividends (Including Cash)
- Shareholder basis input and calculation in the S Corporation module