H&W own two S-corps 50/50. Corp 1 was created in 2022 and made money. Corp 2 was created in 2023 and has had no activity as of yet. Both corporations own produce distribution routes.
Corp 2 was created because a second corp was required as part of the arrangement for acquiring a second route. It would be nice if Corp 2 was a subsidiary (QSUB) of Corp 1, but the current ownership structure does not support that.
Can H&W simply transfer the stock of Corp 2 into Corp 1 and then have Corp 1 file the 8869 for the Qsub election or is it more complicated than that?