Stock Basis cannot be transferred.
If you have stock basis remaining after liquidating (shutting down) your S corporation, you have a recognized capital loss on that investment. This is reported on form 8949 and Schedule D.
Based on the limited facts, something doesn't seem right.
Not sure that you have tracked your stock basis correctly; just a thought.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
