CPA to confirm an item on 1120S

CPA to confirm an item on 1120S

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

Job Description

Scenario:
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

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