i strongly advise you to use a tax pro for the s-corp return. we can not see the sales agreement and that could have a substantial effect on what we would advise and where to report it (could be on S corp return if assets sold or it could be schedule D of your return if stock sold). the return is late. The penalties for late filing are about $200 per month per shareholder for every month late with a max of 12 months.
