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Furmama77
Level 2
March 7, 2021
Solved

Goodwill

  • March 7, 2021
  • 2 replies
  • 15 views

I have an S corp that sold his patient list as goodwill then 5 months later he sold his assets to another person (all of his assets were outdated). Where and how do I report the sale of goodwill? Researched but seem to find that it is part of the asset sale but it's not in this case. Any ideas?

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Best answer by sjrcpa

Schedule D

2 replies

sjrcpa
sjrcpaAnswer
Level 15
March 7, 2021

Schedule D

The more I know the more I don’t know.
Furmama77
Furmama77Author
Level 2
March 7, 2021

Thank you.