How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Marvin,EA Your Own Question
Marvin,EA
Marvin,EA, Enrolled Agent
Category: Tax
Satisfied Customers: 1672
Experience:  Enrolled to Represent Taxpayers Before The IRS
9313471
Type Your Tax Question Here...
Marvin,EA is online now
A new question is answered every 9 seconds

Can IRAs buy stock in s corporations

This answer was rated:

Can IRAs buy stock in "s" corporations?
Hello and thanks you for using Just Answer. Corporations, partnership, LLCs, LLP, nonresident (unless the stock is held as a nominee for an individual treated as the shareholder), LLCs, LLPs, nonresident aliens and IRAs are ineligible to be shareholders in a S corporation.
Marvin,EA and other Tax Specialists are ready to help you