Business & farm


@Siberyachka wrote:

I sold my business (single owner LLC) for $60K

including 45K allocated to goodwill

while cost of inventory and leasehold improvement is $100K. 

 


Your numbers don't really add up right.  You may need to clarify that.

 

However, TurboTax does NOT have the required form when you are selling a business with Goodwill.  You may want to file an extension and go to a tax professional this year.