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- how to report a sale of a S corp?
how to report a sale of a S corp?
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Ann_e
Level 2
04-13-2022
06:11 PM
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Company's b/s consists of current assets, current liabilities amounting to $5,642 sold company for $150K. there is no inventory on the books, or no goodwill or no customer list
. . thank you
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1 Comment 1
sjrcpa
Level 15
04-13-2022
06:26 PM
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Was the stock sold?
Or were the assets sold?
The more I know, the more I don't know.
