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Form 8869

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
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Form 8869

Qualified Subchapter S Subsidiary Election

Rev. December 2020

Form 8869 is a qualified Subchapter S subsidiary election form from the Department of the Treasury, Internal Revenue Service. It contains instructions for making the election on behalf of a parent corporation and its subsidiary. Part I requires information about the parent corporation including name, contact details, Employer Identification Number (EIN), tax year end, and the name and title of an officer or legal representative. Part II pertains to the subsidiary for which the election is being made, requesting details such as its name, contact information, EIN, date of incorporation, state of incorporation, and the date the election is to take effect. The form also includes questions about any previous federal income tax returns filed by the subsidiary, whether it was part of a consolidated return, and if this election is being made in conjunction with a section 368(a)(1)(F) reorganization.

Instructions

FAQ
  • What information needs to be provided in Form 8869?

    Form 8869, Qualified Subsidiary Election, requires the following information from the parent corporation and the subsidiary:

    - Name, address, and taxpayer identification number (TIN) of the parent corporation and the subsidiary

    - Date of formation or request for effective date of election

    - Signature and date of an officer authorized to sign the parent corporation's S corporation return

  • What is a qualified subchapter S subsidiary (QSub)?

    A qualified subchapter S subsidiary (QSub) is a corporation that is owned and operated by an S corporation. The S corporation elects to treat the QSub as if it were a part of the S corporation for federal tax purposes.

  • What is Form 8869 used for?

    Form 8869, Qualified Subsidiary Election, is used by a parent corporation to elect a subsidiary as a qualified subchapter S subsidiary (QSub). This form must be filed with the IRS if the parent corporation wants the subsidiary to be treated as an S corporation under Subchapter S of the Internal Revenue Code.

  • Who can file Form 8869?

    Form 8869 must be filed by a parent corporation that wants to elect a subsidiary as a qualified subchapter S subsidiary (QSub). The parent corporation is the one filing the form with the IRS.

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ABOUT

Tax forms

Form 8869 is one of Tax forms that are documents used to report income, deductions, and tax liability to the relevant tax authority. These forms are an essential part of the tax filing process and are used to ensure individuals and businesses comply with tax laws and accurately calculate their tax obligations.

The specific tax forms required can vary depending on factors such as an individual's filing status, sources of income, and the country's tax laws. However, here are some common types of tax forms:

Individual Income Tax Forms: These forms, such as the 1040 series in the United States, are used by individuals to report their income, claim deductions and credits, and calculate their tax liability.

Business Tax Forms: Businesses, including sole proprietorships, partnerships, corporations, and self-employed individuals, may have to file various forms to report their income, expenses, and taxes owed. Examples include Schedule C (Profit or Loss from Business) and Form 1120 (U.S. Corporation Income Tax Return).

Employment Tax Forms: Employers are required to report employee wages and withhold and remit payroll taxes. Forms such as W-2 (Wage and Tax Statement) and 941 (Employer's Quarterly Federal Tax Return) are used for this purpose.

Investment and Retirement Account Forms: These forms are used to report investment income, capital gains, and losses, as well as contributions and distributions from retirement accounts. Examples include Form 1099-DIV (Dividends and Distributions) and Form 5498 (IRA Contribution Information).

Estate and Gift Tax Forms: When a person passes away or makes significant gifts, specific forms such as Form 706 (United States Estate (and Generation-Skipping Transfer) Tax Return) and Form 709 (United States Gift (and Generation-Skipping Transfer) Tax Return) are used to report and calculate any applicable estate or gift taxes.

It is important to note that tax laws and forms can change over time, so individuals and businesses should consult the relevant tax authority or seek professional tax advice to ensure compliance with the current requirements.

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