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Level 2
March 4, 2020
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Can the sale of S Corporation stock be reported as an Installment sale?

  • March 4, 2020
  • 1 reply
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I have a client considering a sale of 100% of his S corporation stock.  A portion of sale proceeds would be paid to him in current year, with the balance paid over several years.

I read that stock reported on an exchange can't be reported as an installment sale, but could not find that Capital stock was excluded. I just wanted to be sure.  Thanks to all.

 

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Best answer by sjrcpa

 Sales of nonpublicly traded stock can be reported on the installment method.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
March 4, 2020

 Sales of nonpublicly traded stock can be reported on the installment method.

The more I know the more I don’t know.
PS13Author
Level 2
March 4, 2020

Thank you!