Thank you. This makes sense to me. The S-Corp was not liquidated. According to the Form 4797 I have a Deferred Gain of $131,360 (section 1231) at the end of 2022. My receivable is $250,00. How do I make it balance?
I understand that every time I receive an installment I make an entry on M-1 Line 2, per the Form 6252.
Thanks for the reminder about the September 15th deadline.
