eawholovestax
Level 2
01-06-2020
09:17 AM
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Does an S Corp owner who owns 100% share and sells all in 2019 have to file form 8594 with his short year return ?
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sjrcpa
Level 15
01-06-2020
09:53 AM
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No. That form is only used for asset sales, or stock sales treated as asset sales. Unless the stock sale terminates the S election there is no short year return.
The more I know the more I don’t know.
