- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Yes, you are still materially engaged if you are the sole owner. Report the interest income on the S-Corp return. If you don't plan to continue this business, you may consider dissolving the S-Corp now to avoid having to file business returns in the future.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 17, 2024
12:52 PM