CPA to confirm an item on 1120S

Closed - This job posting has been filled and work has been completed.

Job Description

An S-Corp company A funds another start-up S-Corp company B with seed fund X.

Q1. Would amount X be a subsidiary expenses for company A to B, or expense deduction of company A?

Q2. Which line item on 1120S Federal Tax deduction would amount X be entered?

Thank you

Other open jobs by this client