M-MTax
Level 12

Business & farm

You know if you adopted a plan to dissolve or liquidate you're supposed to file form 966? https://www.irs.gov/pub/irs-pdf/f966.pdf

The number of shareholders should be the number immediately before the dissolution as should the answer to individuals owning more than 20%......assets can be zeroed even if there's a small reserve.

View solution in original post