Currently we have an 80% 20% ownership split between two individuals.
(1000 shares and 250 shares)
Depending on how the year goes in December 2016, I (majority owner) would like the ownership to be 75% 25% or (1000 shares and 333 shares).
If this is done in December of 2016, I would like the Corporate Return 1120S and K1s to reflect the new ownership for the entire year of 2016,
Is that OK? Of course both shareholders agree this is what they want.