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mygame100
New Member

How do you report the income from the sale of an S Corporation?

I have someone who wants to by my business. It is an S Corporation. How do I report the sale?

1 Best answer

Accepted Solutions
Lisa995
Level 12

How do you report the income from the sale of an S Corporation?

Please consider seeing a local tax professional for this type of situation.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

View solution in original post

2 Replies
SweetieJean
Level 15

How do you report the income from the sale of an S Corporation?

What exactly is being purchased?  Stock? Assets?:
Lisa995
Level 12

How do you report the income from the sale of an S Corporation?

Please consider seeing a local tax professional for this type of situation.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

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