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Thank you everyone!
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So I report the installment sale on the S Corp with the 6252 and that passes through on the K-1 to the owner and then I report the same installment sale on the ...
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The Shareholder did receive a note. I read the link you sent and I am still confused. If the business recognizes the gain, won't that pass through on the K-1? D...
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I have a client that sold their S Corp as an Asset sale, with the seller financing the sale through cash up front and a Note for payment over the next 7 years.I...
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Hi All - Looking for any help on this odd S Corp sale.Ihavean S Corp (Company) with only 1 ownerOriginal Owner (JB)New owner (SR)The Company purchased the 100 s...
