Death of cllient with a C corp? Taxpayer is Sole Stock owner in "C" Corp. How is income & exp recognized after date of death?

[abctax55 · Accepted solution]

By the C corp...same as always?

Who owns the stock may have changed hands, but nothing about the Corp does.

C-Corps are separate legal entities;  sale/purchase of stock - death of owners of the stock is irrelevant at the entity level.