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I believe the solution is pretty much this but Lacerte does not provide much functionality to do this.When a liquidating distribution consists of an installment...
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Thank for your thoughts... It makes sense to use the installment method because this is consistent with the cash received from the buyer. The is not the issues....
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Hello Group,I have a professional practice operating as an S-Corp. Client sold the practice in an assets sale with $20,000 allocated to Equipment and $380,000 t...