Business & farm


@vivianoliver wrote:

There was nothing on the K1 regarding the sale of the stock.  The stockholders sold their stock.  When I enter the sale numbers, because there were two stockholders, shouldn't this be split?  


 

If you sold the stock of the corporation, you only enter what YOU sold your stock for.  You don't enter what somebody else received for selling their stock.

 

Does that answer your question?  If not, maybe you can clarify things.  The corporation itself (the stock) was sold, right?  The corporation didn't merely sell its assets, right?