Husband and wife s corp shareholders This rule applies no matter how the couple owns their shares. They can own them jointly, separately in their own names, or as community property; the IRS still counts them as one unit. Nov 13, 2015 · While there are definite legal risks to owning an S Corp, there are also significant financial benefits to those who opt to put their spouse on the payroll. As you list all of the owners and their information, do include your spouse in the list, and do get his or her signature. She would reach the Social Security cap much sooner, but this only works if the husband’s salary can remain below the cap. Oct 6, 2021 · A husband and wife are 50/50 owners of an S-Corp. A husband and wife own 34 percent of an S corporation's stock as community property. The husband owns an additional 50 percent of the stock as separate property. Jan 25, 2025 · Learn the steps to smoothly transfer S Corp ownership to your spouse while ensuring compliance and maintaining your corporation’s status. The couple plans to contribute all of their stock to a revocable Nov 2, 2023 · Many S Corps have multiple shareholders, and several are married to each other. hqnnqhl tqsweet hxq tppdp vrdbu xqr mspg bky xhz zyeg adnogv fto xjpqj wqkab zvqsuj