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Old 05-31-2014, 12:28 PM
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Join Date: May 2014
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Dissolving S Corp

Hi

I own(100%) a S-Corp, my accountant had filed final tax return for 2012. And last week I decided to dissolve my company, so I sent the certification of termination for my LLC to the state. Since it is a S-Corp I also need to send form 966 to IRS. I understand most of the questions in the form except for following, can somebody please explain what following questions mean?

7c. Name of common parent

8. Total number of shares outstanding at time of adoption of plan liquidation - Common | Preferred.


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