Do you also realize that you liquidated your CA S corporation?
When you filed your final CA S corporation, you needed to file a form 1099-DIV for the liquidating distribution; all liquidated assets distributed to the shareholder should not have been reported on the K-1, but should be reported on the form 1099-DIV.
You then needed to determine a gain or loss on this investment and reported this on form 8949 and Sch D; the gain or loss is determined by comparing the liquidating distribution to your basis in the S corp stock.
Based on your facts, this was done in 2022, which may require an amended tax return.
Then when you established the new S corp, all assets contributed are then treated as a capital contribution.
*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.
