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Sales of shares of closely-held Michigan C-Corp
I recently sold my shares in a closely-held / privately-held Michigan C-Corp that I inherited from my father in 2016. We had an official business valuation done within a few months of his passing (to establish a cost basis). I recently sold all of my shares for slightly less than the 2016 business valuation. (So a small capital loss.) What forms if any should the C-Corp send me? If they don't send anything (it's a small family farm), how would I enter this in TurboTax?
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‎February 3, 2020
1:15 PM