Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Gain on 197 Intangible Sale - S Corp (single shareholder)
Gain on 197 Intangible Sale - S Corp (single shareholder)
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
cindy13
Level 1
03-12-2022
01:15 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Purchased 197 intangible on 4/5/18 for $3,000 and sold on 1/7/21 for $20,000 after expensing 573 for amortization.
Please advise on where and how to enter in ProConnect for gain to flow through to K-1 as ordinary income. Thank you.
Labels
