S corp purchase stocks from shareholder

[hgtc]

S Corp purchases stocks back from a shareholder, Where should I enter the amount of purchases (Treasury stocks) in Lacerte?

Thanks.

[abctax55 · Accepted solution]

I'd go from line 26 "Less cost of treasury stock".

Be sure the state in question allows treasury stock as I believe some don't.

[hgtc]

Thank you.