Since the probate process has not wrapped up, I will list the estate as the other shareholder. The S-Corp has filed for dissolution and will file a final return for 2023.

Another question is that if there was an estate checking account set up under its EIN and the sale of the assets from the S-corp were deposited into the estate checking instead of the S-corp checking then how do you reflect their sale so the assets can be removed from the S-Corp return?  Also, the son transferred all monies with the exception of $300 into the estate checking account so would this be reflected as a Distibution by the estate on the K-1? My thoughts were to reflect only the income from Receivables and sales that were done through the company and deposited into the S-Corp checking on the final tax return for the company. I would assume that the estates return would reflect all business transactions that went into and out of the estate checking account on the Form 1041. Any advice is appreciated.