Tax Preparation Help  
  Home > Tax Help Archives > 2006 > Instructions > Form 1120S
Instructions for Form 1120S 2006 Tax Year

This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Table Illustration. Summary: This list illustrates information in a table of the percentage of ownership for the year of certain stocks held by partners in a business as described in the text.

  1. a. Percent of total stock owned

    1. A. 50

    2. 40

    3. B. 50

    4. 40

    5. C. 20

  3. b. Percent of tax year held

    1. A. 50

    2. 50

    3. B. 50

    4. 50

    5. C. 50

  5. c. Percentage of ownership for the year (a times b)

    1. A. 25 plus 20 equals 45

    2. B. 25 plus 20 equals 45

    3. C. 10

  7. Total 100 percent

2006 Instructions Main | 2006 Tax Help Archives | Tax Help Archives Main | Home