Our Farm S-Corp dissolved leaving some cash and depreciated assets to be distributed to shareholders. Turbotax is telling me to dispose of all the remaining assets in the "Disposition of Farm Assets" screen. The only choices in that screen are: sold, stolen, casualty loss, given away, and disposed by some other means. The last option seems to be the one to choose, but it says you no longer own the asset - in effect, it has been scrapped. Which should I choose, because TTax will not let me go forward without disposing of these assets. On a previous screen dealing with the dissolution of the S-Corp, I entered the fair market value of these assets as a distribution of property to the shareholders.
