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Instalment Sale of S Corp
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klillie
Level 2
09-04-2020
11:32 AM
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How to input an Instalment Sale of S Corp Business with only one share holder.
Buisness sold for 250k
Equipment and Fixtures 65k
Leasehold Improvements 20k
Goodwill 165k
Received 14k in principal
Received 4,550 in interest
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George4Tacks
Level 15
09-04-2020
03:12 PM
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Also do IRS 8594
Answers are easy. Questions are hard!
