USA NFP that owns a for profit

[Shane T Bennett]

My situation is this:

I have a non-profit that owns 100% of the stock of a for profit corporation (C Corp). Does this require two separate returns or is this a control group filing a single 990?

Any thoughts would be helpful.

 

[kirby]

http://www.americanbar.org/publications/blt/2014/06/03_levitt.html

Check this out as a start